CanAsia Energy (CVE:CEC) Trading Down 13.3% – Time to Sell?

CanAsia Energy Corp. (CVE:CECGet Free Report)’s share price traded down 13.3% on Saturday . The company traded as low as C$0.07 and last traded at C$0.07. 639,900 shares were traded during trading, an increase of 1,108% from the average session volume of 52,969 shares. The stock had previously closed at C$0.08.

CanAsia Energy Price Performance

The stock’s 50-day moving average is C$0.10 and its two-hundred day moving average is C$0.09. The company has a market cap of C$7.33 million, a P/E ratio of -3.25, a P/E/G ratio of 0.41 and a beta of 1.03.

CanAsia Energy Company Profile

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CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

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