IBC Advanced Alloys (CVE:IB) Trading Up 21.4% – What’s Next?

IBC Advanced Alloys Corp. (CVE:IB) was up 21.4% during trading on Monday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 43,355 shares traded hands during trading, a decline of 7% from the average daily volume of 46,824 shares. The stock had previously closed at C$0.07.

IBC Advanced Alloys Stock Performance

The stock’s 50-day simple moving average is C$0.09 and its 200 day simple moving average is C$0.08. The company has a market capitalization of C$7.18 million, a PE 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.

IBC Advanced Alloys Company Profile

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.