Shares of Canada Carbon Inc. (CVE:CCB – Get Free Report) dropped 25% during trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.02. Approximately 1,920,501 shares changed hands during mid-day trading, an increase of 821% from the average daily volume of 208,441 shares. The stock had previously closed at C$0.02.
Canada Carbon Trading Down 25.0 %
The company has a market cap of C$3.08 million, a price-to-earnings ratio of -1.50 and a beta of 0.69. The company has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.
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.
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