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

Canada Carbon Inc. (CVE:CCB) shares were down 33.3% on Saturday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 859,726 shares changed hands during mid-day trading, an increase of 283% from the average daily volume of 224,190 shares. The stock had previously closed at C$0.02.

Canada Carbon Stock Down 33.3 %

The company has a market cap of C$2.05 million, a P/E ratio of -1.00 and a beta of 0.69. The firm’s 50-day moving average price is C$0.02 and its 200-day moving average price is 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.