Canada Carbon (CVE:CCB) Stock Price Down 25% – What’s Next?

Canada Carbon Inc. (CVE:CCB) fell 25% during mid-day trading on Thursday . The stock traded as low as C$0.01 and last traded at C$0.02. 1,920,501 shares changed hands during mid-day trading, an increase of 821% from the average session volume of 208,441 shares. The stock had previously closed at C$0.02.

Canada Carbon Stock Down 25.0 %

The company has a market cap of C$3.08 million, a PE ratio of -1.50 and a beta of 0.69. The firm’s fifty day simple moving average is C$0.02 and its 200-day simple moving average 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.