Clean Air Metals Inc. (CVE:AIR – Get Free Report) shares dropped 10% on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 610,500 shares were traded during trading, an increase of 312% from the average daily volume of 148,088 shares. The stock had previously closed at C$0.05.
Clean Air Metals Price Performance
The stock has a 50 day moving average price of C$0.05 and a two-hundred day moving average price of C$0.06. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.49 and a current ratio of 1.23. The company has a market capitalization of C$10.45 million, a PE ratio of -2.25 and a beta of 1.27.
About Clean Air Metals
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.
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