Shares of Bri-Chem Corp (TSE:BRY) fell 28.6% on Tuesday . The company traded as low as C$0.15 and last traded at C$0.15. 199,500 shares changed hands during mid-day trading, an increase of 417% from the average session volume of 38,560 shares. The stock had previously closed at C$0.21.
The company has a debt-to-equity ratio of 164.28, a quick ratio of 0.61 and a current ratio of 1.44. The firm has a market cap of $5.03 million and a price-to-earnings ratio of -1.06.
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Bri-Chem Corp. engages in the wholesale distribution of drilling fluid chemicals and additives to the resource industry in North America. It operates through five segments: Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending & Packaging Canada, Fluids Blending & Packaging USA, and Other.
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