Canada Carbon Inc. (CVE:CCB – Get Free Report) fell 25% during mid-day trading on Friday . The company traded as low as C$0.01 and last traded at C$0.02. 1,920,501 shares were traded during trading, an increase of 821% from the average session volume of 208,441 shares. The stock had previously closed at C$0.02.
Canada Carbon Stock Performance
The company has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.02. The stock has a market cap of C$3.08 million, a price-to-earnings ratio of -1.50 and a beta of 0.69.
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.
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