CMC Metals (CVE:CMB) Given a C$0.12 Price Target by Fundamental Research Analysts

CMC Metals (CVE:CMB) received a C$0.12 price objective from equities research analysts at Fundamental Research in a research report issued to clients and investors on Monday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s price objective suggests a potential upside of 380.00% from the stock’s current price.

CMC Metals Stock Up 25.0 %

CVE:CMB opened at C$0.03 on Monday. CMC Metals has a one year low of C$0.02 and a one year high of C$0.05. 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$3.94 million, a PE ratio of -2.50 and a beta of 0.99. The firm’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.

Insider Buying and Selling

In other news, Director Kevin John Brewer bought 2,500,000 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was acquired at an average price of C$0.03 per share, with a total value of C$62,500.00. 5.86% of the stock is currently owned by insiders.

CMC Metals Company Profile

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.