CanAsia Energy (CVE:CEC) Stock Price Up 29.4% – Should You Buy?

CanAsia Energy Corp. (CVE:CECGet Free Report) rose 29.4% during mid-day trading on Friday . The company traded as high as C$0.12 and last traded at C$0.11. Approximately 305,000 shares traded hands during mid-day trading, an increase of 619% from the average daily volume of 42,422 shares. The stock had previously closed at C$0.09.

CanAsia Energy Trading Up 29.4%

The stock has a market cap of C$12.41 million, a PE ratio of -5.50, a P/E/G ratio of 0.41 and a beta of 1.51. The business has a 50 day moving average of C$0.09 and a 200-day moving average of C$0.08.

About CanAsia Energy

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

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