Image Resources (ASX:IMA) Trading Down 2%

Image Resources NL (ASX:IMA)’s stock price was down 2% during mid-day trading on Friday . The stock traded as low as A$0.24 ($0.17) and last traded at A$0.25 ($0.17), approximately 649,443 shares were traded during mid-day trading. The stock had previously closed at A$0.25 ($0.18).

The stock has a market cap of $237.83 million and a price-to-earnings ratio of 27.22. The stock’s 50 day moving average price is A$0.26. The company has a quick ratio of 0.54, a current ratio of 1.09 and a debt-to-equity ratio of 112.59.

About Image Resources (ASX:IMA)

Image Resources NL operates as a mineral sands mining company. The company focuses on mining, ore processing, and production of heavy mineral concentrates. Its flagship projects are the Boonanarring and Atlas projects, which are North Perth Basin mineral sands projects located in Western Australia. The company is based in West Perth, Australia.

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