Canada Carbon Inc. (CVE:CCB – Get Free Report) shares fell 25% during mid-day trading on Thursday . The stock traded as low as C$0.01 and last traded at C$0.02. 1,810,501 shares traded hands during trading, an increase of 779% from the average session volume of 205,997 shares. The stock had previously closed at C$0.02.
Canada Carbon Stock Performance
The firm’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The company has a market cap of C$3.08 million, a price-to-earnings ratio of -1.50 and a beta of 0.69.
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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