Canada Carbon (CVE:CCB) Trading Up 33.3% – Should You Buy?

Canada Carbon Inc. (CVE:CCBGet Free Report) traded up 33.3% during trading on Tuesday . The company traded as high as C$0.02 and last traded at C$0.02. 156,035 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 205,029 shares. The stock had previously closed at C$0.02.

Canada Carbon Stock Performance

The stock has a market capitalization of C$3.08 million, a PE ratio of -1.50 and a beta of 0.69. The company’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03.

Canada Carbon Company Profile

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Canada Carbon Inc engages in the acquisition, exploration, and evaluation of natural resource properties in Canada. The company primarily explores for graphite deposits. It holds interests in the Miller property that covers an area of approximately 100 square kilometers located to the west of Montreal in the Grenville Township; and the Asbury Graphite property, which includes 22 claims covering an area of approximately 1,205.9 hectares located in the Laurentides region of southern Quebec.

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