Canada Carbon Inc. (CVE:CCB – Get Free Report)’s stock price fell 25% during trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.02. 1,695,501 shares were traded during mid-day trading, an increase of 733% from the average session volume of 203,441 shares. The stock had previously closed at C$0.02.
Canada Carbon Price Performance
The stock has a market capitalization of C$4.11 million, a price-to-earnings ratio of -2.00 and a beta of 0.69. The stock’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.
Canada Carbon Company Profile
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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