Canada Carbon (CVE:CCB) Sets New 52-Week Low – What’s Next?

Canada Carbon Inc. (CVE:CCBGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 1000 shares trading 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 stock’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.03.

Canada Carbon Company Profile

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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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