Canada Carbon Inc. (CVE:CCB – Get Free Report)’s share price dropped 33.3% during mid-day trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 1,050,254 shares were traded during trading, an increase of 358% from the average daily volume of 229,531 shares. The stock had previously closed at C$0.02.
Canada Carbon Stock Performance
The stock has a market capitalization of C$2.05 million, a price-to-earnings ratio of -1.00 and a beta of 0.69. The company has a 50-day moving average of C$0.01 and a 200-day moving average of C$0.02.
Canada Carbon Company Profile
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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