Canada Carbon (CVE:CCB) Shares Down 25% – Here’s What Happened

Canada Carbon Inc. (CVE:CCBGet Free Report) was down 25% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 101,428 shares traded hands during trading, a decline of 44% from the average daily volume of 181,169 shares. The stock had previously closed at C$0.02.

Canada Carbon Stock Performance

The stock has a market capitalization of C$3.08 million, a price-to-earnings ratio of -1.50 and a beta of 0.69. The business has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.02.

Canada Carbon Company Profile

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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.

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