Canada Carbon (CVE:CCB) Sets New 52-Week Low – Should You Sell?

Canada Carbon Inc. (CVE:CCBGet Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 87050 shares changing hands. The stock had previously closed at C$0.02.

Canada Carbon Stock Performance

The firm has a market cap of C$3.08 million, a P/E ratio of -1.50 and a beta of 0.69. The firm has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03.

About Canada Carbon

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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.

Further Reading

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