Bell Copper (CVE:BCU) Stock Price Down 20% – Should You Sell?

Bell Copper Co. (CVE:BCUGet Free Report)’s share price traded down 20% during mid-day trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. 164,297 shares traded hands during trading, an increase of 121% from the average session volume of 74,355 shares. The stock had previously closed at C$0.10.

Bell Copper Trading Down 20.0%

The stock has a 50-day simple moving average of C$0.08 and a 200 day simple moving average of C$0.07. The company has a market cap of C$10.92 million, a price-to-earnings ratio of -8.00 and a beta of 1.52.

Bell Copper Company Profile

(Get Free Report)

Bell Copper Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and evaluation of mineral properties in North America. The company explores for copper and molybdenum deposits. It has interests in the Perseverance project that covers an area of approximately 14,100 acres; and the Big Sandy porphyry copper-molybdenum project that comprises approximately 5,733 acres of mineral tenures located in northwestern Arizona. The company was formerly known as Bell Resources Corporation and changed its name to Bell Copper Corporation in April 2008.

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