CanAsia Energy Corp. (CVE:CEC – Get Free Report)’s share price dropped 16.7% on Friday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 136,500 shares changed hands during mid-day trading, an increase of 251% from the average daily volume of 38,888 shares. The stock had previously closed at C$0.09.
CanAsia Energy Stock Down 16.7 %
The company has a market cap 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 company has a fifty day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.10.
About CanAsia Energy
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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