Champion Bear Resources (CVE:CBA) Trading 25% Higher – Should You Buy?

Champion Bear Resources Ltd. (CVE:CBAGet Free Report)’s share price shot up 25% on Monday . The company traded as high as C$0.03 and last traded at C$0.03. 302,855 shares changed hands during mid-day trading, an increase of 372% from the average session volume of 64,205 shares. The stock had previously closed at C$0.02.

Champion Bear Resources Price Performance

The stock has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03. The company has a market capitalization of C$1.51 million, a PE ratio of -2.50 and a beta of 0.73. The company has a current ratio of 0.01, a quick ratio of 0.00 and a debt-to-equity ratio of 154.94.

About Champion Bear Resources

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Champion Bear Resources Ltd., a mineral exploration company, acquires, explores for, and develops mineral properties in Canada. It primary explores for gold, platinum group metals, nickel, copper, poly-metallic, lithium, tantalum, and REE deposits. The company holds 100% interests in the Eagle Rock property consisting of 458 staked claims that covers an area of approximately 32,850 acres; the Separation Rapids lithium and tantalum property comprises 8 mining claims in 2 blocks covering an area of approximately 400 acres; and the Plomp Farm property that includes 48 claims covering an area of approximately 2,400 acres located in Ontario.

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