Commerce Resources Corp. (CVE:CCE – Get Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.07 and last traded at C$0.08, with a volume of 37000 shares. The stock had previously closed at C$0.08.
Commerce Resources Price Performance
The company has a quick ratio of 1.71, a current ratio of 2.52 and a debt-to-equity ratio of 0.19. The company has a fifty day simple moving average of C$0.11 and a 200 day simple moving average of C$0.12. The firm has a market capitalization of C$15.90 million, a P/E ratio of -0.42 and a beta of 2.44.
About Commerce Resources
Commerce Resources Corp. engages in the acquisition, exploration, development, and evaluation of mineral resource properties in Canada. The company primarily explores for rare earth elements, as well as tantalum and niobium deposits. Its principal properties are the Eldor property comprising 244 claims that covers an area of approximately 11,475 hectares located in northern Quebec; and the Blue River Tantalum/Niobium property situated in the Blue River region of the Kamloops Mining District of British Columbia.
Featured Articles
- Five stocks we like better than Commerce Resources
- Are Penny Stocks a Good Fit for Your Portfolio?
- Novo Nordisk: A New Boost for GLP-1 Sales on the Horizon
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Why Now Is the Ultimate Time to Invest in Oil Stocks
- What Is WallStreetBets and What Stocks Are They Targeting?
- Q4’s Most Upgraded Stocks: Promising Buys for 2025
Receive News & Ratings for Commerce Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerce Resources and related companies with MarketBeat.com's FREE daily email newsletter.
