Armor Minerals (CVE:A) Shares Down 7.2% – Time to Sell?

Armor Minerals Inc. (CVE:AGet Free Report) shares dropped 7.2% during trading on Tuesday . The company traded as low as C$0.45 and last traded at C$0.45. Approximately 2,002 shares changed hands during trading, a decline of 70% from the average daily volume of 6,785 shares. The stock had previously closed at C$0.49.

Armor Minerals Stock Performance

The stock has a 50-day simple moving average of C$0.45 and a 200 day simple moving average of C$0.45. The company has a debt-to-equity ratio of 18.07, a current ratio of 26.60 and a quick ratio of 26.58. The company has a market capitalization of C$34.48 million and a PE ratio of -450.00.

About Armor Minerals

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Armor Minerals Inc engages in the acquisition and exploration of mineral properties in Canada. The company was formerly known as Rio Cristal Resources Corporation and changed its name to Armor Minerals Inc in May 2015. Armor Minerals Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.

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