Champion Bear Resources (CVE:CBA) Hits New 1-Year High – What’s Next?

Shares of Champion Bear Resources Ltd. (CVE:CBA) hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09, with a volume of 45000 shares trading hands. The stock had previously closed at C$0.09.

Champion Bear Resources Price Performance

The company has a debt-to-equity ratio of 154.94, a current ratio of 0.01 and a quick ratio of 0.00. The company has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.04. The company has a market capitalization of C$6.40 million, a P/E ratio of -8.50 and a beta of 1.54.

About Champion Bear Resources

Champion Bear Resources Ltd., a mineral exploration company, acquires, explores for, and develops mineral properties in Canada. It primary explores for gold, platinum group metals, nickel, copper, poly-metallic, lithium, tantalum, and REE deposits. The company holds 100% interests in the Eagle Rock property consisting of 458 staked claims that covers an area of approximately 32,850 acres; the Separation Rapids lithium and tantalum property comprises 8 mining claims in 2 blocks covering an area of approximately 400 acres; and the Plomp Farm property that includes 48 claims covering an area of approximately 2,400 acres located in Ontario.