Canada Carbon (CVE:CCB) Trading Down 25% – Time to Sell?

Canada Carbon Inc. (CVE:CCBGet Free Report) shares fell 25% during trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.02. 1,810,501 shares were traded during mid-day trading, an increase of 779% from the average session volume of 205,997 shares. The stock had previously closed at C$0.02.

Canada Carbon Stock Performance

The company has a market capitalization of C$3.08 million, a P/E ratio of -1.50 and a beta of 0.69. The stock has a 50 day moving average price of C$0.02 and a 200 day moving average price of C$0.02.

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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