Canada Carbon (CVE:CCB) Stock Price Down 25% – Here’s Why

Canada Carbon Inc. (CVE:CCB) dropped 25% during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 101,428 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 181,169 shares. The stock had previously closed at C$0.02.

Canada Carbon Stock Performance

The stock has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The company has a market capitalization of C$3.08 million, a PE ratio of -1.50 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.