Canada Carbon Inc. (CVE:CCB – Get Free Report) shot up 25% during mid-day trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. 152,000 shares changed hands during mid-day trading, an increase of 52% from the average session volume of 100,228 shares. The stock had previously closed at C$0.02.
Canada Carbon Stock Performance
The company has a market cap of C$5.13 million, a price-to-earnings ratio of -2.50 and a beta of 0.69. The firm’s 50-day moving average price is C$0.02 and its 200 day moving average price is C$0.02.
About Canada Carbon
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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