CMC Metals (CVE:CMB) Shares Down 25% – Should You Sell?

Posted by Jessica Moore on Feb 4th, 2025

CMC Metals Ltd. (CVE:CMB – Get Free Report) shares fell 25% on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 124,424 shares were traded during mid-day trading, an increase of 9% from the average session volume of 114,534 shares. The stock had previously closed at C$0.02.

Wall Street Analyst Weigh In

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.

View Our Latest Stock Report on CMB

CMC Metals Trading Down 25.0 %

The company has a current ratio of 2.50, a quick ratio of 2.80 and a debt-to-equity ratio of 8.84. The business’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The firm has a market cap of C$2.37 million, a P/E ratio of -1.50 and a beta of 0.99.

Insider Buying and Selling at CMC Metals

In other news, Director Kevin John Brewer purchased 2,500,000 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were acquired at an average price of C$0.03 per share, for a total transaction of C$62,500.00. 5.86% of the stock is currently owned by company 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.