Canada Carbon (CVE:CCB) Trading Up 30%

Canada Carbon Inc. (CVE:CCBGet Free Report) was up 30% during mid-day trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 119,800 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 156,266 shares. The stock had previously closed at C$0.05.

Canada Carbon Trading Down 8.3 %

The firm has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.04. The stock has a market capitalization of C$10.69 million, a price-to-earnings ratio of -5.50 and a beta of 1.04.

About Canada Carbon

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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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