Canterra Minerals (CVE:CTM) Trading 7.1% Higher – Here’s Why

Canterra Minerals Co. (CVE:CTM – Get Free Report)’s share price was up 7.1% during trading on Thursday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 459,717 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 388,299 shares. The stock had previously closed at C$0.14.

Canterra Minerals Stock Performance

The company has a 50 day moving average of C$0.13 and a two-hundred day moving average of C$0.16. The stock has a market capitalization of C$59.55 million, a PE ratio of -15.00 and a beta of 3.83.

Canterra Minerals Company Profile

(Get Free Report)

Canterra Minerals Corporation, a resource company, engages in the acquisition, exploration, and evaluation of mineral properties in the Northwest Territories and Alberta. It holds diamond properties in the Northwest Territories and Alberta, as well as focuses on gold exploration in Newfoundland. The company holds interest in the Wilding gold project covering an area of 23,600 hectares located in central Newfoundland; Buffalo Hills property that comprises 21 mineral leases covering an area of 4,848 hectares located in Alberta, Canada; and the Clipper Brook property that comprises of 5 mineral licenses totaling 122.5 square kilometers located to the northeast strike extent of the Rogerson Lake Structural Corridor.

Further Reading

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