Armor Minerals (CVE:A) Shares Down 7.2% – Here’s What Happened

Armor Minerals Inc. (CVE:AGet Free Report) shares dropped 7.2% during trading on Tuesday . The company traded as low as C$0.45 and last traded at C$0.45. Approximately 2,002 shares changed hands during trading, a decline of 70% from the average daily volume of 6,785 shares. The stock had previously closed at C$0.49.

Armor Minerals Trading Down 7.2 %

The company has a 50 day simple moving average of C$0.45 and a two-hundred day simple moving average of C$0.45. The company has a debt-to-equity ratio of 18.07, a quick ratio of 26.58 and a current ratio of 26.60. The firm has a market cap of C$34.48 million and a PE ratio of -450.00.

Armor Minerals Company Profile

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Armor Minerals Inc engages in the acquisition and exploration of mineral properties in Canada. The company was formerly known as Rio Cristal Resources Corporation and changed its name to Armor Minerals Inc in May 2015. Armor Minerals Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.

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