Canada Carbon (CVE:CCB) Shares Up 100% – Here’s What Happened

Canada Carbon Inc. (CVE:CCBGet Free Report)’s share price 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. 648,696 shares changed hands during 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 Price Performance

The stock has a market cap of C$4.11 million, a PE ratio of -2.00 and a beta of 0.69. The company’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.02.

About Canada Carbon

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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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