Champion Bear Resources (CVE:CBA) Shares Pass Above 200-Day Moving Average of $0.18

Champion Bear Resources Ltd. (CVE:CBAGet Rating)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.18 and traded as high as C$0.19. Champion Bear Resources shares last traded at C$0.19, with a volume of 17,000 shares.

Champion Bear Resources Price Performance

The stock has a market cap of C$11.27 million and a price-to-earnings ratio of -31.67. The stock’s 50 day moving average price is C$0.16 and its two-hundred day moving average price is C$0.18. The company has a quick ratio of 0.00, a current ratio of 0.00 and a debt-to-equity ratio of 58.22.

About Champion Bear Resources

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Champion Bear Resources Ltd., a mineral exploration company, acquires, explores for, and develops mineral properties in Canada. The company primary explores for gold, platinum group metals, nickel, copper, polymetallic, lithium, tantalum, and REE deposits. It holds 100% interests in the Eagle Rock property consisting of 458 staked claims that covers an area of approximately 32,850 acres; the Separation Rapids lithium and tantalum property comprises 8 mining claims in 2 blocks covering an area of approximately 400 acres; and the Plomp Farm property that includes 48 claims covering an area of approximately 2,400 acres located in Ontario.

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