Canada Carbon (CVE:CCB) Trading Down 50% – Here’s Why

Canada Carbon Inc. (CVE:CCBGet Free Report)’s stock price traded down 50% during trading on Friday . The stock traded as low as C$0.01 and last traded at C$0.01. 395,010 shares were traded during trading, an increase of 91% from the average session volume of 207,298 shares. The stock had previously closed at C$0.01.

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’s 50 day moving average is C$0.01 and its 200 day moving average is C$0.01.

About Canada Carbon

(Get Free Report)

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.

Read More

Receive News & Ratings for Canada Carbon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canada Carbon and related companies with MarketBeat.com's FREE daily email newsletter.