Shares of Commerce Resources Corp. (CVE:CCE – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.10, with a volume of 92500 shares. The stock had previously closed at C$0.11.
Commerce Resources Stock Down 5.9 %
The company has a fifty day moving average of C$0.12 and a 200 day moving average of C$0.12. The company has a quick ratio of 1.71, a current ratio of 2.52 and a debt-to-equity ratio of 0.19. The company has a market cap of C$16.96 million, a P/E ratio of -0.44 and a beta of 2.44.
About Commerce Resources
Commerce Resources Corp. engages in the acquisition, exploration, development, and evaluation of mineral resource properties in Canada. The company primarily explores for rare earth elements, as well as tantalum and niobium deposits. Its principal properties are the Eldor property comprising 244 claims that covers an area of approximately 11,475 hectares located in northern Quebec; and the Blue River Tantalum/Niobium property situated in the Blue River region of the Kamloops Mining District of British Columbia.
Featured Articles
- Five stocks we like better than Commerce Resources
- Most Volatile Stocks, What Investors Need to Know
- Tesla Investors Continue to Profit From the Trump Trade
- Investing In Preferred Stock vs. Common Stock
- MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Netflix Ventures Into Live Sports, Driving Stock Momentum
Receive News & Ratings for Commerce Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerce Resources and related companies with MarketBeat.com's FREE daily email newsletter.
