IBC Advanced Alloys (CVE:IB) Trading Up 28.6% – Still a Buy?

IBC Advanced Alloys Corp. (CVE:IBGet Free Report) rose 28.6% during mid-day trading on Monday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 392,855 shares changed hands during trading, an increase of 567% from the average daily volume of 58,876 shares. The stock had previously closed at C$0.07.

IBC Advanced Alloys Price Performance

The stock has a market cap of C$7.18 million, a price-to-earnings ratio of 4.75 and a beta of 1.16. The company has a debt-to-equity ratio of 343.32, a quick ratio of 0.18 and a current ratio of 0.81. The company has a 50-day moving average of C$0.09 and a 200-day moving average of C$0.08.

IBC Advanced Alloys Company Profile

(Get Free Report)

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.

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