Canada Rare Earth (CVE:LL) Trading Down 20% – What’s Next?

Canada Rare Earth Corp. (CVE:LL)’s stock price was down 20% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 280,840 shares traded hands during mid-day trading, an increase of 341% from the average daily volume of 63,664 shares. The stock had previously closed at C$0.03.

Canada Rare Earth Stock Down 20.0 %

The firm has a market capitalization of C$4.23 million, a PE ratio of -3.50 and a beta of 0.53. The company has a quick ratio of 0.34, a current ratio of 0.71 and a debt-to-equity ratio of 20,260.85. The stock has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.

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.