CanAsia Energy (CVE:CEC) Trading 20% Higher – Here’s What Happened

CanAsia Energy Corp. (CVE:CECGet Free Report) shares were up 20% during trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 157,406 shares were traded during mid-day trading, an increase of 348% from the average daily volume of 35,134 shares. The stock had previously closed at C$0.08.

CanAsia Energy Trading Up 20.0 %

The company has a 50 day moving average of C$0.09 and a 200 day moving average of C$0.10. The firm has a market cap of C$10.15 million, a price-to-earnings ratio of 11.71, a P/E/G ratio of 0.41 and a beta of 1.01.

About CanAsia Energy

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

Further Reading

Receive News & Ratings for CanAsia Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CanAsia Energy and related companies with MarketBeat.com's FREE daily email newsletter.