Shares of iMetal Resources Inc (CVE:IMR) traded up 9.1% during trading on Friday . The company traded as high as C$0.12 and last traded at C$0.12. 125,000 shares changed hands during trading, a decline of 33% from the average session volume of 186,236 shares. The stock had previously closed at C$0.11.
The company has a current ratio of 1.02, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69.
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About iMetal Resources (CVE:IMR)
iMetal Resources Inc engages in the exploration and development of mineral properties in Canada. The company primarily explores for precious and base metal resources. It holds a 100% interest in the Gowganda West Project covering an area of 105 squares kilometers situated in Ontario; a 100% interest in the Carheil property that covers an area of 13,000 hectares located in Quebec; and various claims in the Temagami North Property situated in north-eastern Ontario, as well as has an option to acquire an interest in the Ghost Mountain Property located in Kirkland Lake, Ontario.
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