Canada Carbon (CVE:CCB) Stock Price Up 100% – Should You Buy?

Canada Carbon Inc. (CVE:CCBGet Free Report)’s stock price traded up 100% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. 648,696 shares changed hands during mid-day trading, an increase of 187% from the average session volume of 225,675 shares. The stock had previously closed at C$0.01.

Canada Carbon Stock Up 100.0 %

The stock has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. The company has a market cap of C$4.11 million, a price-to-earnings ratio of -2.00 and a beta of 0.69.

About Canada Carbon

(Get Free Report)

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

Receive News & Ratings for Canada Carbon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canada Carbon and related companies with MarketBeat.com's FREE daily email newsletter.