Shares of Canada Carbon Inc. (CVE:CCB – Get Free Report) were up 50% during mid-day trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 1,074,500 shares traded hands during mid-day trading, an increase of 671% from the average daily volume of 139,352 shares. The stock had previously closed at C$0.02.
Canada Carbon Stock Performance
The company has a market capitalization of C$5.13 million, a P/E ratio of -2.50 and a beta of 0.74. The stock’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.04.
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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