Canada Carbon (CVE:CCB) Stock Price Down 25% – Here’s What Happened

Canada Carbon Inc. (CVE:CCBGet Free Report)’s stock price fell 25% during mid-day trading on Thursday . The stock traded as low as C$0.01 and last traded at C$0.02. 1,920,501 shares traded hands 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 Trading Down 25.0 %

The company has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.02. The company has a market capitalization of C$3.08 million, a price-to-earnings ratio of -1.50 and a beta of 0.69.

About Canada Carbon

(Get Free Report)

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.

Recommended Stories

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