Canada One Mining (CVE:CONE) Stock Price Up 25% – Still a Buy?

Canada One Mining Corp. (CVE:CONEGet Free Report) shares shot up 25% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 238,023 shares were traded during trading, an increase of 258% from the average session volume of 66,526 shares. The stock had previously closed at C$0.04.

Canada One Mining Trading Up 10.0%

The company has a market capitalization of C$2.51 million, a price-to-earnings ratio of -5.50 and a beta of 0.29. The stock’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.03.

Canada One Mining Company Profile

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Canada One Mining Corp., an exploration stage company, acquires, explores, and develops mineral deposits in Canada. The company focuses on exploring for and discovery of battery metal deposit. It owns 100% interests in the Copper Dome project contiguous to the Copper Mountain Mine in British Columbia is the company's flagship project.

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