Canada Carbon (CVE:CCB) Reaches New 12-Month Low – Here’s Why

Canada Carbon Inc. (CVE:CCBGet Free Report)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 100000 shares trading hands. The stock had previously closed at C$0.02.

Canada Carbon Stock Down 25.0 %

The firm has a 50-day moving average of C$0.02 and a two-hundred day moving average of C$0.03. The company has a market capitalization of C$3.08 million, a PE ratio of -1.50 and a beta of 0.69.

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.

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