Canada Carbon (CVE:CCB) Trading 100% Higher – Here’s What Happened

Canada Carbon Inc. (CVE:CCB) rose 100% during trading on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. 648,696 shares traded hands during trading, an increase of 187% from the average daily volume of 225,675 shares. The stock had previously closed at C$0.01.

Canada Carbon Stock Up 100.0 %

The business 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$4.11 million, a price-to-earnings ratio of -2.00 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.