Armor Minerals (CVE:A) Shares Down 7.2%

Armor Minerals Inc. (CVE:AGet Free Report)’s stock price dropped 7.2% during mid-day trading on Monday . The company traded as low as C$0.45 and last traded at C$0.45. Approximately 2,002 shares traded 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 Stock Down 7.2 %

The business has a 50-day moving average of C$0.45 and a 200-day 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 stock has a market capitalization of C$34.48 million and a price-to-earnings ratio of -450.00.

About Armor Minerals

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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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