Canada Carbon (CVE:CCB) Trading Down 25% – Here’s What Happened

Shares of Canada Carbon Inc. (CVE:CCB) traded down 25% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 101,428 shares traded hands during trading, a decline of 44% from the average session volume of 181,169 shares. The stock had previously closed at C$0.02.

Canada Carbon Price Performance

The firm has a market capitalization of C$3.08 million, a P/E ratio of -1.50 and a beta of 0.69. The stock’s fifty day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.

Canada Carbon Company Profile

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.