Canada Carbon (CVE:CCB) Hits New 1-Year Low – Here’s Why

Canada Carbon Inc. (CVE:CCB) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 214000 shares changing hands. The stock had previously closed at C$0.01.

Canada Carbon Stock Up 50.0 %

The company has a market cap of C$3.08 million, a price-to-earnings ratio of -1.00 and a beta of 0.69. The stock’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.03.

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.