IBC Advanced Alloys (CVE:IB) Trading Up 28.6% – Time to Buy?

IBC Advanced Alloys Corp. (CVE:IBGet Free Report)’s share price was up 28.6% during trading on Monday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 392,855 shares traded hands during trading, an increase of 568% from the average daily volume of 58,841 shares. The stock had previously closed at C$0.07.

IBC Advanced Alloys Stock Performance

The company has a market capitalization of C$7.18 million, a PE ratio of 4.75 and a beta of 1.16. The firm has a 50-day moving average of C$0.09 and a two-hundred day moving average of C$0.08. The company has a quick ratio of 0.18, a current ratio of 0.81 and a debt-to-equity ratio of 343.32.

About IBC Advanced Alloys

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IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.

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