Canada Carbon Inc. (CVE:CCB – Get Free Report) shares fell 25% during mid-day trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.02. 1,920,501 shares were traded during trading, an increase of 821% from the average session volume of 208,441 shares. The stock had previously closed at C$0.02.
Canada Carbon Stock Performance
The company’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The stock has a market cap of C$3.08 million, a P/E ratio of -1.50 and a beta of 0.69.
About Canada Carbon
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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