Canada Carbon (CVE:CCB) Shares Up 100% – Time to Buy?

Shares of Canada Carbon Inc. (CVE:CCBGet Free Report) traded up 100% during mid-day trading on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. 509,696 shares were traded during trading, an increase of 127% from the average session volume of 225,023 shares. The stock had previously closed at C$0.01.

Canada Carbon Trading Up 100.0 %

The company has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.02. The firm has a market capitalization of C$4.11 million, a price-to-earnings ratio of -2.00 and a beta of 0.69.

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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