IBC Advanced Alloys (CVE:IB) Stock Price Down 23.3% – Should You Sell?

IBC Advanced Alloys Corp. (CVE:IB) fell 23.3% on Tuesday . The stock traded as low as C$0.16 and last traded at C$0.17. 257,360 shares changed hands during trading, an increase of 400% from the average session volume of 51,462 shares. The stock had previously closed at C$0.22.

IBC Advanced Alloys Trading Down 23.3%

The company has a debt-to-equity ratio of 343.32, a quick ratio of 0.18 and a current ratio of 0.81. The firm has a market cap of C$18.88 million, a price-to-earnings ratio of -5.50 and a beta of 2.37. The business has a fifty day simple moving average of C$0.20 and a 200-day simple moving average of C$0.14.

IBC Advanced Alloys Company Profile

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.