Canada Carbon (CVE:CCB) Reaches New 52-Week Low – Time to Sell?

Canada Carbon Inc. (CVE:CCBGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 100000 shares changing hands. The stock had previously closed at C$0.02.

Canada Carbon Price Performance

The stock has a market capitalization of C$3.08 million, a PE ratio of -1.50 and a beta of 0.69. The company’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.03.

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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