Canada Carbon Inc. (CVE:CCB – Get Free Report) shares shot up 100% during mid-day trading on Wednesday . The company 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 Performance
The company has a 50 day moving average price of C$0.02 and a 200 day moving average price of C$0.02. The company has a market capitalization of C$4.11 million, a PE ratio of -2.00 and a beta of 0.69.
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.
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