Commerce Resources Corp. (CVE:CCE – Get Free Report) traded up 30.4% during trading on Friday . The company traded as high as C$0.17 and last traded at C$0.15. 1,061,259 shares changed hands during mid-day trading, an increase of 510% from the average session volume of 173,947 shares. The stock had previously closed at C$0.12.
Commerce Resources Trading Up 16.7%
The company has a current ratio of 2.52, a quick ratio of 1.71 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of C$37.10 million, a P/E ratio of -1.03 and a beta of 1.44. The business has a 50-day moving average price of C$0.10 and a two-hundred day moving average price of C$0.08.
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.
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