IBC Advanced Alloys (CVE:IB) Reaches New 52-Week Low – Should You Sell?

IBC Advanced Alloys Corp. (CVE:IB) hit a new 52-week low on Thursday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 50000 shares changing hands. The stock had previously closed at C$0.08.

IBC Advanced Alloys Stock Performance

The company has a market capitalization of C$5.58 million, a PE ratio of 3.70 and a beta of 1.16. The company has a current ratio of 0.81, a quick ratio of 0.18 and a debt-to-equity ratio of 343.32. The stock has a fifty day moving average of C$0.09 and a two-hundred day moving average of C$0.08.

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.