Canada Carbon (CVE:CCB) Sets New 1-Year Low – What’s Next?

Canada Carbon Inc. (CVE:CCBGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 109000 shares traded. The stock had previously closed at C$0.01.

Canada Carbon Price Performance

The firm has a market cap of C$3.08 million, a PE ratio of -2.00 and a beta of 0.69. The company’s 50 day moving average price is C$0.02 and its 200 day moving average price is C$0.03.

About Canada Carbon

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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.

Further Reading

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