Bell Copper (CVE:BCU) Stock Price Down 12.5% – What’s Next?

Bell Copper Co. (CVE:BCU)’s stock price dropped 12.5% on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 113,001 shares were traded during trading, an increase of 41% from the average daily volume of 80,116 shares. The stock had previously closed at C$0.08.

Bell Copper Price Performance

The business’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.06. The stock has a market capitalization of C$9.56 million, a PE ratio of -5.00 and a beta of 1.16.

About Bell Copper

Bell Copper Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and evaluation of mineral properties in North America. The company explores for copper and molybdenum deposits. It has interests in the Perseverance project that covers an area of approximately 14,100 acres; and the Big Sandy porphyry copper-molybdenum project that comprises approximately 5,733 acres of mineral tenures located in northwestern Arizona. The company was formerly known as Bell Resources Corporation and changed its name to Bell Copper Corporation in April 2008.