Shares of Commerce Resources Corp. (CVE:CCE – Get Free Report) traded up 28.6% during mid-day trading on Friday . The stock traded as high as C$0.10 and last traded at C$0.09. 1,291,709 shares traded hands during mid-day trading, an increase of 749% from the average session volume of 152,215 shares. The stock had previously closed at C$0.07.
Commerce Resources Price Performance
The company has a debt-to-equity ratio of 0.19, a current ratio of 2.52 and a quick ratio of 1.71. The stock has a market capitalization of C$19.08 million, a P/E ratio of -0.50 and a beta of 2.44. The stock’s fifty day moving average is C$0.07 and its 200-day moving average is C$0.10.
Commerce Resources Company Profile
Commerce Resources Corp. engages in the acquisition, exploration, development, and evaluation of mineral resource properties in Canada. The company primarily explores for rare earth elements, as well as tantalum and niobium deposits. Its principal properties are the Eldor property comprising 244 claims that covers an area of approximately 11,475 hectares located in northern Quebec; and the Blue River Tantalum/Niobium property situated in the Blue River region of the Kamloops Mining District of British Columbia.
Featured Stories
- Five stocks we like better than Commerce Resources
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- What is the Euro STOXX 50 Index?
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- 3 Tickers Leading a Meme Stock Revival
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
Receive News & Ratings for Commerce Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerce Resources and related companies with MarketBeat.com's FREE daily email newsletter.
