Clean Air Metals (CVE:AIR) Stock Price Up 10%

Clean Air Metals Inc. (CVE:AIR)’s share price rose 10% during mid-day trading on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 102,000 shares changed hands during trading, a decline of 20% from the average daily volume of 127,797 shares. The stock had previously closed at C$0.05.

Clean Air Metals Price Performance

The stock has a market cap of C$12.32 million, a PE ratio of -2.75 and a beta of 0.87. The company has a current ratio of 40.91, a quick ratio of 2.49 and a debt-to-equity ratio of 0.03. The company’s 50 day moving average is C$0.05 and its 200-day moving average is C$0.05.

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.