Canada Carbon (CVE:CCB) Stock Price Down 33.3% – Here’s Why

Canada Carbon Inc. (CVE:CCB)’s stock price fell 33.3% on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. 1,050,254 shares changed hands during mid-day trading, an increase of 358% from the average session volume of 229,531 shares. The stock had previously closed at C$0.02.

Canada Carbon Trading Down 33.3%

The firm has a fifty day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.02. The stock has a market cap of C$2.05 million, a PE ratio of -1.00 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.