Brixton Metals (CVE:BBB) Shares Down 5.3% - Here's Why

Key Points

• Shares fell 5.3% to C$0.89 in mid-day trading, with volume rising about 68% to 263,757 shares versus the average of 157,378.
• Market and financial snapshot: market cap C$63.48 million, negative P/E (-4.68), low beta (0.07), strong liquidity (current ratio 4.76, quick ratio 3.58) and modest debt-to-equity (0.32).
• Company focus: Brixton Metals is an exploration-stage miner pursuing gold, silver, copper and cobalt projects in Canada and the United States.

Brixton Metals Co. (CVE:BBB - )'s stock price dropped 5.3% during mid-day trading on Wednesday . The company traded as low as C$0.89 and last traded at C$0.89. Approximately 263,757 shares traded hands during trading, an increase of 68% from the average daily volume of 157,378 shares. The stock had previously closed at C$0.94.

Brixton Metals Stock Down 5.3%

The stock has a 50 day simple moving average of C$1.06 and a 200-day simple moving average of C$0.86. The firm has a market cap of C$63.48 million, a PE ratio of -4.68 and a beta of 0.07. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.76 and a quick ratio of 3.58.

About Brixton Metals

Brixton Metals Corporation, an exploration stage company, engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada and the United States. It primarily explores for gold, silver, copper, and cobalt deposits. The company was formerly known as Marksmen Capital Inc and changed its name to Brixton Metals Corporation in November 2010. Brixton Metals Corporation was incorporated in 2008 and is headquartered in Vancouver, Canada.

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