IBC Advanced Alloys (OTCMKTS:IAALF) Announces Earnings Results

IBC Advanced Alloys (OTCMKTS:IAALF) issued its quarterly earnings results on Friday. The company reported ($0.01) earnings per share for the quarter, Zacks reports. IBC Advanced Alloys had a negative net margin of 10.84% and a negative return on equity of 76.63%.

IBC Advanced Alloys Price Performance

IBC Advanced Alloys stock remained flat at $0.14 during mid-day trading on Friday. 9,645 shares of the company’s stock were exchanged, compared to its average volume of 19,423. The company has a current ratio of 0.65, a quick ratio of 0.21 and a debt-to-equity ratio of 4.13. IBC Advanced Alloys has a 12-month low of $0.03 and a 12-month high of $0.19. The stock’s 50 day simple moving average is $0.14 and its 200 day simple moving average is $0.14. The stock has a market cap of $15.79 million, a price-to-earnings ratio of -6.85 and a beta of 1.16.

About IBC Advanced Alloys

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.