Canada Carbon (CVE:CCB) Trading 10% Higher

Canada Carbon Inc. (CVE:CCBGet Rating)’s share price was up 10% during trading on Tuesday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 392,000 shares changed hands during trading, an increase of 232% from the average daily volume of 118,139 shares. The stock had previously closed at C$0.05.

The business’s 50 day moving average price is C$0.06 and its 200-day moving average price is C$0.07. The company has a market cap of C$7.76 million and a P/E ratio of -9.17.

About Canada Carbon (CVE:CCB)

Canada Carbon Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company primarily explores for graphite. It holds interests in the Miller hydrothermal lump-vein graphite property that covers an area of approximately 100 square kilometers located to the west of Montreal in the Grenville Township; and the Asbury graphite mine property that covers approximately 1,205.9 hectares located in the Laurentides region of southern Quebec.

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