CanAsia Energy Corp. (CVE:CEC – Get Free Report)’s stock price rose 38.5% on Wednesday . The company traded as high as C$0.18 and last traded at C$0.18. Approximately 1,164,296 shares traded hands during trading, an increase of 1,284% from the average daily volume of 84,128 shares. The stock had previously closed at C$0.13.
CanAsia Energy Trading Up 3.1%
The firm has a market cap of C$37.22 million, a price-to-earnings ratio of -11.00, a P/E/G ratio of 0.41 and a beta of 0.11. The business’s 50-day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.09.
About CanAsia Energy
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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