Shares of CanAsia Energy Corp. (CVE:CEC – Get Free Report) rose 20% on Wednesday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 156,406 shares traded hands during trading, an increase of 346% from the average daily volume of 35,096 shares. The stock had previously closed at C$0.08.
CanAsia Energy Stock Performance
The firm has a market capitalization 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. The company has a 50 day moving average price of C$0.09 and a two-hundred day moving average price of C$0.10.
About CanAsia Energy
CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.
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