Commerce Resources Corp. (CVE:CCE – Get Free Report)’s share price rose 28.6% during trading on Saturday . The stock traded as high as C$0.10 and last traded at C$0.09. Approximately 1,291,709 shares changed hands during trading, an increase of 749% from the average daily volume of 152,215 shares. The stock had previously closed at C$0.07.
Commerce Resources Trading Up 28.6 %
The stock’s fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.10. The stock has a market cap of C$19.08 million, a P/E ratio of -0.50 and a beta of 2.44. The company has a current ratio of 2.52, a quick ratio of 1.71 and a debt-to-equity ratio of 0.19.
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.
Recommended Stories
- Five stocks we like better than Commerce Resources
- The Basics of Support and Resistance
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
- Want to Profit on the Downtrend? Downtrends, Explained.
- Why New Tariffs Could Boost These 3 Basic Materials Stocks
- Best Stocks Under $5.00
- MarketBeat Week in Review – 02/03 – 02/07
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.
