Shares of Commerce Resources Corp. (CVE:CCE – Get Free Report) dropped 15.2% on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.14. Approximately 207,733 shares traded hands during trading, an increase of 16% from the average daily volume of 178,492 shares. The stock had previously closed at C$0.17.
Commerce Resources Price Performance
The company has a market capitalization of C$29.68 million, a PE ratio of -0.82 and a beta of 1.44. The firm has a fifty day moving average of C$0.11 and a two-hundred day moving average of C$0.09. The company has a current ratio of 2.52, a quick ratio of 1.71 and a debt-to-equity ratio of 0.19.
About Commerce Resources
Commerce Resources Corp. engages in the acquisition, exploration, development, and evaluation of mineral resource properties in Canada. The company primarily explores for rare earth elements, as well as tantalum and niobium deposits. Its principal properties are the Eldor property comprising 244 claims that covers an area of approximately 11,475 hectares located in northern Quebec; and the Blue River Tantalum/Niobium property situated in the Blue River region of the Kamloops Mining District of British Columbia.
Featured Articles
- Five stocks we like better than Commerce Resources
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- PayPal Stock: Why Wall Street May Be Undervaluing This Giant
- What is Insider Trading? What You Can Learn from Insider Trading
- Why Vertical Aerospace Could Lead the eVTOL Market by 2028
- There Are Different Types of Stock To Invest In
- Is Draganfly’s Army Partnership a Game-Changer for Investors?
Receive News & Ratings for Commerce Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerce Resources and related companies with MarketBeat.com's FREE daily email newsletter.
