Champion Bear Resources (CVE:CBA) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Champion Bear Resources Ltd. (CVE:CBA)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.02 and traded as high as C$0.03. Champion Bear Resources shares last traded at C$0.03, with a volume of 54,000 shares changing hands.

Champion Bear Resources Price Performance

The stock has a market capitalization of C$1.88 million, a price-to-earnings ratio of -2.50 and a beta of 1.86. The company’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.02. The company has a debt-to-equity ratio of 154.94, a current ratio of 0.01 and a quick ratio of 0.00.

About Champion Bear Resources

Champion Bear Resources Ltd., a mineral exploration company, acquires, explores for, and develops mineral properties in Canada. It primary explores for gold, platinum group metals, nickel, copper, poly-metallic, lithium, tantalum, and REE deposits. The company holds 100% interests in the Eagle Rock property consisting of 458 staked claims that covers an area of approximately 32,850 acres; the Separation Rapids lithium and tantalum property comprises 8 mining claims in 2 blocks covering an area of approximately 400 acres; and the Plomp Farm property that includes 48 claims covering an area of approximately 2,400 acres located in Ontario.