Commerce Resources Corp. (CVE:CCE – Get Free Report)’s stock price rose 28.6% during trading on Saturday . The stock traded as high as C$0.10 and last traded at C$0.09. Approximately 1,291,709 shares traded hands during mid-day trading, an increase of 749% from the average daily volume of 152,215 shares. The stock had previously closed at C$0.07.
Commerce Resources Stock Performance
The company has a market cap of C$19.08 million, a price-to-earnings ratio of -0.50 and a beta of 2.44. The stock has a 50 day simple moving average of C$0.08 and a 200 day simple moving average of C$0.10. The company has a quick ratio of 1.71, a current ratio of 2.52 and a debt-to-equity ratio of 0.19.
Commerce Resources Company Profile
Commerce Resources Corp. engages in the acquisition, exploration, development, and evaluation of mineral resource properties in Canada. The company primarily explores for rare earth elements, as well as tantalum and niobium deposits. Its principal properties are the Eldor property comprising 244 claims that covers an area of approximately 11,475 hectares located in northern Quebec; and the Blue River Tantalum/Niobium property situated in the Blue River region of the Kamloops Mining District of British Columbia.
Featured Stories
- Five stocks we like better than Commerce Resources
- Trading Stocks: RSI and Why it’s Useful
- 3 Volatility ETFs to Help You Profit from Market Chaos
- Retail Stocks Investing, Explained
- Lam Research: Is a NAND Upgrade Cycle the Next Growth Catalyst?
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
Receive News & Ratings for Commerce Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerce Resources and related companies with MarketBeat.com's FREE daily email newsletter.
