Canada Rare Earth (CVE:LL) Hits New 52-Week Low – Time to Sell?

Canada Rare Earth Corp. (CVE:LL) shares reached a new 52-week low on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 50700 shares changing hands. The stock had previously closed at C$0.02.

Canada Rare Earth Stock Performance

The stock’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a quick ratio of 0.34, a current ratio of 0.71 and a debt-to-equity ratio of 20,260.85. The stock has a market capitalization of C$3.17 million, a PE ratio of -3.50 and a beta of 0.53.

Canada Rare Earth Company Profile

Canada Rare Earth Corp., a development stage company, focuses on developing an integrated business within the rare earth industry in Asia. The company offers high-purity rare earth oxides, rare earth fluorides, larger particle/nano rare earth oxides, and other products. Its products are used in various industries, such as high-end electronics, lighting solutions, ceramic and glass, catalytic and cracking, magnets, and atomic energy.