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A.I.S. Resources stock plummeted 23% to C$0.05 amid heavy trading and financial concerns.
A.I.S.
Resources (CVE:AIS) shares dropped 23.1% on Wednesday, closing at C$0.05 amid a surge in trading volume to 379,500 shares—293% above its average.
The Vancouver-based company, founded in 1967, focuses on lithium and gold exploration and EV battery materials.
Financial indicators show a market cap of C$2.08 million, a high debt-to-equity ratio of 150.53, and low liquidity ratios, with a current ratio of 0.02.
The stock’s negative P/E of -2.17 and beta of -0.26 reflect unprofitability and below-market volatility.
No specific cause for the decline was provided.
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A.I.S. El stock de recursos se desplomó un 23% a C$0.05 en medio de fuertes preocupaciones comerciales y financieras.