Shares of Canada Carbon Inc. (CVE:CCB – Get Free Report) were down 25% on Thursday . The company traded as low as C$0.01 and last traded at C$0.02. Approximately 1,695,501 shares were traded during trading, an increase of 733% from the average daily volume of 203,441 shares. The stock had previously closed at C$0.02.
Canada Carbon Price Performance
The business’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The company has a market cap of C$3.08 million, a price-to-earnings ratio of -1.50 and a beta of 0.69.
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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