Canada Carbon (CVE:CCB) Reaches New 1-Year Low – Here’s Why

Shares of Canada Carbon Inc. (CVE:CCBGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 146699 shares. The stock had previously closed at C$0.02.

Canada Carbon Stock Performance

The business’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The stock has a market capitalization of C$3.08 million, a price-to-earnings ratio of -1.50 and a beta of 0.69.

Canada Carbon Company Profile

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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.

Further Reading

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