Champion Bear Resources (CVE:CBA) Trading Up 25% – Here’s What Happened

Champion Bear Resources Ltd. (CVE:CBA) shares traded up 25% during mid-day trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. 302,855 shares traded hands during 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 firm’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.03. The company has a market cap of C$1.51 million, a price-to-earnings ratio of -2.50 and a beta of 0.73. The company has a debt-to-equity ratio of 154.94, a current ratio of 0.01 and a quick ratio of 0.00.

Champion Bear Resources Company Profile

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.