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

Shares of Canada Carbon Inc. (CVE:CCB) dropped 25% during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 101,428 shares changed 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 Down 25.0 %

The company has a market cap of C$3.08 million, a PE ratio of -1.50 and a beta of 0.69. The stock’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02.

Canada Carbon Company Profile

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.