CMC Metals (CVE:CMB) Sets New 12-Month Low – Should You Sell?

Posted by Editorial Team on Feb 8th, 2025

CMC Metals Ltd. (CVE:CMB – Get Free Report) reached a new 52-week low on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 83875 shares trading hands. The stock had previously closed at C$0.02.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$0.12 price objective on shares of CMC Metals and gave the stock a “buy” rating in a research note on Monday, January 6th.

View Our Latest Analysis on CMB

CMC Metals Price Performance

The company’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a debt-to-equity ratio of 8.84, a current ratio of 2.50 and a quick ratio of 2.80. The company has a market cap of C$3.15 million, a P/E ratio of -2.00 and a beta of 0.99.

Insider Activity

In other news, Director Kevin John Brewer bought 2,500,000 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was bought at an average cost of C$0.03 per share, for a total transaction of C$62,500.00. Insiders bought a total of 2,565,000 shares of company stock valued at $63,800 in the last quarter. Company insiders own 5.86% of the company’s stock.

About CMC Metals

(Get Free Report)

CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for silver, zinc, lead, gold, copper, antimony, bismuth, and tungsten deposits. It holds a 100% interest in the Silver Hart property that includes 116 claims covering an area of 2,017 hectares located in south-central Yukon.