Clean Air Metals (CVE:AIR) Stock Price Down 10% – Should You Sell?

Clean Air Metals Inc. (CVE:AIR)’s stock price fell 10% on Monday . The stock traded as low as C$0.05 and last traded at C$0.05. 58,805 shares changed hands during trading, a decline of 58% from the average session volume of 140,358 shares. The stock had previously closed at C$0.05.

Clean Air Metals Stock Performance

The company has a current ratio of 1.23, a quick ratio of 2.49 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of C$10.45 million, a PE ratio of -2.25 and a beta of 1.27. The firm’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.06.

Clean Air Metals Company Profile

Clean Air Metals Inc, an exploration company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for platinum, palladium, copper, and nickel deposits. Its flagship properties are the Thunder Bay North Critical Minerals Project that comprises of three separate claim blocks which includes the Thunder Bay North Property consists of 300 unpatented claims covering an approximately area of 29,725 hectares; the Escape Lake Property consists of 20 unpatented claims with an area of 561.3 hectares; and the Escape North Property consists of 24 unpatented claims with an area of 1722 hectares located in Ontario, Canada.