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

Canada Carbon Inc. (CVE:CCBGet Free Report) shares fell 25% during mid-day trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.02. 1,920,501 shares traded hands during trading, an increase of 822% from the average session volume of 208,397 shares. The stock had previously closed at C$0.02.

Canada Carbon Stock Down 25.0 %

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$3.08 million, a P/E ratio of -1.50 and a beta of 0.69.

Canada Carbon Company Profile

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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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