CMC Metals (CVE:CMB) Hits New 12-Month Low – Should You Sell?

CMC Metals Ltd. (CVE:CMBGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 49000 shares. The stock had previously closed at C$0.02.

Analyst Ratings Changes

Separately, Fundamental Research set a C$0.12 target price on shares of CMC Metals and gave the stock a “buy” rating in a research report on Monday, January 6th.

Check Out Our Latest Research Report on CMC Metals

CMC Metals Stock Performance

The company has a debt-to-equity ratio of 8.84, a current ratio of 2.50 and a quick ratio of 2.80. The company has a market cap of C$3.15 million, a price-to-earnings ratio of -2.00 and a beta of 0.99. The business’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02.

About CMC Metals

(Get Free Report)

CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for silver, zinc, lead, gold, copper, antimony, bismuth, and tungsten deposits. It holds a 100% interest in the Silver Hart property that includes 116 claims covering an area of 2,017 hectares located in south-central Yukon.

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