Canada Carbon (CVE:CCB) Stock Price Up 100% – What’s Next?

Canada Carbon Inc. (CVE:CCBGet Free Report) shares traded up 100% during mid-day trading on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. 597,696 shares were traded during trading, an increase of 165% from the average session volume of 225,436 shares. The stock had previously closed at C$0.01.

Canada Carbon Price Performance

The firm has a market capitalization of C$4.11 million, a PE ratio of -2.00 and a beta of 0.69. The company’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

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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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