Canada Carbon (CVE:CCB) Shares Up 50% – What’s Next?

Shares of Canada Carbon Inc. (CVE:CCBGet Free Report) were up 50% on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 300,799 shares were traded during mid-day trading, an increase of 47% from the average daily volume of 204,926 shares. The stock had previously closed at C$0.01.

Canada Carbon Stock Up 50.0%

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. The firm has a 50 day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01.

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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