Canada Carbon Inc. (CVE:CCB – Get Free Report)’s stock price dropped 25% during trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.02. Approximately 1,695,501 shares changed hands during trading, an increase of 733% from the average daily volume of 203,441 shares. The stock had previously closed at C$0.02.
Canada Carbon Price Performance
The firm has a market capitalization of C$3.08 million, a PE ratio of -1.50 and a beta of 0.69. The stock’s 50-day moving average price is C$0.02 and its 200 day moving average price 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.
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