CMC Metals (CVE:CMB) Trading Down 25% – Here’s Why

Posted by Amy Steele on Feb 3rd, 2025

CMC Metals Ltd. (CVE:CMB – Get Free Report)’s stock price fell 25% during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 120,500 shares changed hands during mid-day trading, an increase of 5% from the average session volume of 114,316 shares. The stock had previously closed at C$0.02.

Analyst Ratings Changes

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

View Our Latest Stock Analysis 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 capitalization of C$2.37 million, a PE ratio of -1.50 and a beta of 0.99. The firm’s fifty day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.

Insider Buying and Selling at CMC Metals

In other news, Director Kevin John Brewer bought 2,500,000 shares of the stock in a transaction dated Thursday, November 21st. The shares were acquired at an average cost of C$0.03 per share, with a total value of C$62,500.00. 5.86% of the stock is owned by corporate insiders.

CMC Metals Company Profile

(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.