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

Shares of Canada Carbon Inc. (CVE:CCBGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 2014774 shares changing hands. The stock had previously closed at C$0.02.

Canada Carbon Stock Performance

The company has a market capitalization of C$2.42 million, a PE ratio of -0.50 and a beta of 1.38. The company’s 50-day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01.

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. The company was formerly known as Bolero Resources Corp.

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