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iMetal Resources stock fell 18% to C$0.21 on Monday amid heavy trading, with no stated cause.
iMetal Resources (CVE:IMR) shares dropped 18% to C$0.21 on Monday, hitting a session low of C$0.20, with trading volume surging to 190,726 shares—434% above average.
The decline followed a previous close of C$0.25.
The junior exploration company, focused on precious and base metals in Ontario and Quebec, owns properties including Gowganda West, Kerrs Gold, and Ghost Mountain.
Financial metrics show a market cap of C$7.41 million, a debt-to-equity ratio of 0.15, and a negative P/E of -1.14.
The stock remains below its 200-day moving average of C$0.20, but no specific reason for the drop was provided.
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Las acciones de iMetal Resources cayeron un 18% a C $ 0.21 el lunes en medio de una fuerte negociación, sin causa indicada.