Canada Rare Earth (CVE:LL) Sets New 1-Year Low – Here’s What Happened

Canada Rare Earth Corp. (CVE:LL) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 20500 shares. The stock had previously closed at C$0.02.

Canada Rare Earth Stock Performance

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

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.