Canada Carbon (CVE:CCB) Stock Price Down 33.3% – What’s Next?

Canada Carbon Inc. (CVE:CCB) dropped 33.3% on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 1,050,254 shares changed hands during trading, an increase of 358% from the average daily volume of 229,531 shares. The stock had previously closed at C$0.02.

Canada Carbon Stock Performance

The company has a market cap of C$2.05 million, a PE ratio of -1.00 and a beta of 0.69. The firm has a fifty day simple moving average of C$0.01 and a 200 day simple moving average of 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.