Canada Carbon (CVE:CCB) Trading 100% Higher – Still a Buy?

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

Canada Carbon Stock Up 100.0 %

The stock has a market cap of C$4.11 million, a P/E ratio of -2.00 and a beta of 0.69. The company’s 50 day moving average price is C$0.02 and its 200-day moving average price 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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