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Brixton Metals (CVE:BBB) Trading Up 10% - Time to Buy?

Brixton Metals logo with Basic Materials background

Key Points

  • Shares of Brixton Metals Co. increased by 10% during mid-day trading, reaching C$0.11, though trading volume significantly dropped to 1,428 shares.
  • The company has a market capitalization of C$51.20 million and a negative P/E ratio of -2.75, indicating potential financial challenges.
  • Brixton Metals focuses on exploring mineral properties such as gold, silver, copper, and cobalt in Canada and the US, demonstrating its exploration stage status.
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Brixton Metals Co. (CVE:BBB - Get Free Report)'s share price traded up 10% during mid-day trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. 1,428 shares were traded during trading, a decline of 100% from the average session volume of 310,934 shares. The stock had previously closed at C$0.10.

Brixton Metals Price Performance

The company has a debt-to-equity ratio of 0.32, a quick ratio of 3.58 and a current ratio of 4.76. The company has a market capitalization of C$46.55 million, a PE ratio of -2.50 and a beta of 0.87. The company's 50-day simple moving average is C$0.09 and its 200-day simple moving average is C$0.08.

About Brixton Metals

(Get Free Report)

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.

See Also

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