Shares of Canada Carbon Inc. (CVE:CCB – Get Free Report) shot up 100% on Tuesday . The company traded as high as C$0.02 and last traded at C$0.02. 648,696 shares changed hands during trading, an increase of 187% from the average session volume of 225,675 shares. The stock had previously closed at C$0.01.
Canada Carbon Price Performance
The firm has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.02. The stock has a market capitalization of C$4.11 million, a P/E ratio of -2.00 and a beta of 0.69.
About Canada Carbon
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.
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