Shares of Champion Bear Resources Ltd. (CVE:CBA – Get Free Report) dropped 20% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 250,000 shares changed hands during trading, an increase of 331% from the average daily volume of 58,012 shares. The stock had previously closed at C$0.03.
Champion Bear Resources Price Performance
The company has a market cap of C$1.51 million, a PE ratio of -2.50 and a beta of 0.73. The company has a quick ratio of 0.00, a current ratio of 0.01 and a debt-to-equity ratio of 154.94. The firm’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05.
About Champion Bear Resources
Champion Bear Resources Ltd., a mineral exploration company, acquires, explores for, and develops mineral properties in Canada. It primary explores for gold, platinum group metals, nickel, copper, poly-metallic, lithium, tantalum, and REE deposits. The company holds 100% interests in the Eagle Rock property consisting of 458 staked claims that covers an area of approximately 32,850 acres; the Separation Rapids lithium and tantalum property comprises 8 mining claims in 2 blocks covering an area of approximately 400 acres; and the Plomp Farm property that includes 48 claims covering an area of approximately 2,400 acres located in Ontario.
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