CanAsia Energy (CVE:CEC) Trading Up 20% – Time to Buy?

CanAsia Energy Corp. (CVE:CECGet Free Report)’s stock price traded up 20% during trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09. 157,406 shares changed hands during mid-day trading, an increase of 348% from the average session volume of 35,134 shares. The stock had previously closed at C$0.08.

CanAsia Energy Trading Down 16.7 %

The firm has a market capitalization of C$8.46 million, a price-to-earnings ratio of 9.76, a price-to-earnings-growth ratio of 0.41 and a beta of 1.01. The stock’s fifty day moving average price is C$0.09 and its two-hundred day moving average price is C$0.10.

About CanAsia Energy

(Get Free Report)

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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