Canada Carbon Inc. (CVE:CCB – Get Free Report) shares shot up 100% on Tuesday . The company traded as high as C$0.02 and last traded at C$0.02. 648,696 shares changed hands during mid-day trading, an increase of 187% from the average session volume of 225,675 shares. The stock had previously closed at C$0.01.
Canada Carbon Stock Performance
The firm has a market cap of C$4.11 million, a price-to-earnings ratio of -2.00 and a beta of 0.69. The business has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of 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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