Canada Carbon (CVE:CCB) Hits New 12-Month Low – Here’s Why

Canada Carbon Inc. (CVE:CCB)’s stock price hit a new 52-week low on Friday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 2571085 shares traded. The stock had previously closed at C$0.02.

Canada Carbon Price Performance

The company has a market cap of C$3.08 million, a PE ratio of -2.00 and a beta of 0.69. The business’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03.

About Canada Carbon

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.