Canada Rare Earth (CVE:LL) Reaches New 52-Week Low – What’s Next?

Canada Rare Earth Corp. (CVE:LLGet Free Report)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 21063 shares. The stock had previously closed at C$0.02.

Canada Rare Earth Stock Performance

The business’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The company has a debt-to-equity ratio of 20,260.85, a quick ratio of 0.34 and a current ratio of 0.71. The stock has a market capitalization of C$3.17 million, a P/E ratio of -3.50 and a beta of 0.53.

About Canada Rare Earth

(Get Free Report)

Canada Rare Earth Corp., a development stage company, focuses on developing an integrated business within the rare earth industry in Asia. The company offers high-purity rare earth oxides, rare earth fluorides, larger particle/nano rare earth oxides, and other products. Its products are used in various industries, such as high-end electronics, lighting solutions, ceramic and glass, catalytic and cracking, magnets, and atomic energy.

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