Champion Bear Resources (CVE:CBA) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Champion Bear Resources Ltd. (CVE:CBA) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.02 and traded as high as C$0.03. Champion Bear Resources shares last traded at C$0.03, with a volume of 118,000 shares changing hands.

Champion Bear Resources Trading Down 16.7%

The stock has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.02. The company has a market cap of C$1.88 million, a PE ratio of -2.50 and a beta of 1.87. The company has a debt-to-equity ratio of 154.94, a quick ratio of 0.00 and a current ratio of 0.01.

Champion Bear Resources Company Profile

Champion Bear Resources Ltd., a mineral exploration company, acquires, explores for, and develops mineral properties in Canada. It primary explores for gold, platinum group metals, nickel, copper, poly-metallic, lithium, tantalum, and REE deposits. The company 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.