Canada Carbon (CVE:CCB) Trading Down 25% – Here’s What Happened

Canada Carbon Inc. (CVE:CCBGet Free Report) shares traded down 25% during trading on Thursday . The stock traded as low as C$0.01 and last traded at C$0.02. 1,920,501 shares were traded during 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 Performance

The stock has a market capitalization of C$3.08 million, a P/E ratio of -1.50 and a beta of 0.69. The business has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.

About Canada Carbon

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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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