Champion Bear Resources (CVE:CBA) Stock Crosses Above 200 Day Moving Average – What’s Next?

Shares of Champion Bear Resources Ltd. (CVE:CBAGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.06 and traded as high as C$0.08. Champion Bear Resources shares last traded at C$0.06, with a volume of 27,000 shares trading hands.

Champion Bear Resources Price Performance

The company has a quick ratio of 0.00, a current ratio of 0.01 and a debt-to-equity ratio of 154.94. The stock has a market cap of C$4.84 million, a P/E ratio of -8.00 and a beta of 0.73. The firm has a 50 day moving average price of C$0.07 and a 200 day moving average price of C$0.06.

About Champion Bear Resources

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Champion Bear Resources Ltd., a mineral exploration company, acquires, explores for, and develops mineral properties in Canada. It primary explores for gold, platinum group metals, nickel, copper, poly-metallic, lithium, tantalum, and REE deposits. The company holds 100% interests in the Eagle Rock property consisting of 458 staked claims that covers an area of approximately 32,850 acres; the Separation Rapids lithium and tantalum property comprises 8 mining claims in 2 blocks covering an area of approximately 400 acres; and the Plomp Farm property that includes 48 claims covering an area of approximately 2,400 acres located in Ontario.

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