Canada Carbon (CVE:CCB) Trading Down 50% – Time to Sell?

Shares of Canada Carbon Inc. (CVE:CCBGet Free Report) fell 50% on Friday . The stock traded as low as C$0.01 and last traded at C$0.01. 395,010 shares traded hands during mid-day trading, an increase of 91% from the average session volume of 207,298 shares. The stock had previously closed at C$0.01.

Canada Carbon Stock Up 100.0%

The firm has a market cap of C$2.05 million, a P/E ratio of -1.00 and a beta of 0.69. The business has a fifty day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01.

Canada Carbon Company Profile

(Get Free Report)

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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