Centurion Minerals (CVE:CTN) Shares Down 50% – Here’s Why

Centurion Minerals Ltd. (CVE:CTN) shares traded down 50% during mid-day trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01. 417,050 shares traded hands during mid-day trading, an increase of 350% from the average session volume of 92,595 shares. The stock had previously closed at C$0.01.

Centurion Minerals Trading Down 50.0 %

The business has a fifty day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The stock has a market capitalization of C$215,850.00, a PE ratio of 0.07 and a beta of 0.34.

Centurion Minerals Company Profile

Centurion Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada and Argentina. It explores for calcium sulphate. The company holds interest in the Ana Sofia Agricultural Gypsum project that consists of two mining concessions covering an area of 50 hectares and approximately 600 hectares of exploration rights located in Santiago del Estero Province, Argentina; and Casa Berardi West project that consists of 3 claim group covering and area of 5,100 hectares located in the northeast of Cochrane, Ontario.