I Minerals (IMA) Hits New 52-Week Low at $0.06

Shares of I Minerals Inc (CVE:IMA) reached a new 52-week low on Tuesday . The company traded as low as C$0.06 and last traded at C$0.10, with a volume of 230000 shares. The stock had previously closed at C$0.09.

The company has a market capitalization of $8.34 million and a price-to-earnings ratio of -2.50.

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I Minerals Company Profile (CVE:IMA)

I-Minerals Inc engages in the development of mineral properties in the United States. It develops potassium-feldspar, quartz, halloysite, and kaolin and metakaolin deposits. The company holds a 100% interest in the Helmer-Bovill property comprising 11 mineral leases that covers an area of 5,140.64 acres located in northwest of Bovill, Latah County, Idaho.

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