CanAsia Energy (CVE:CEC) Stock Price Up 27.6% – Still a Buy?

CanAsia Energy Corp. (CVE:CECGet Free Report)’s stock price traded up 27.6% during mid-day trading on Monday . The stock traded as high as C$0.42 and last traded at C$0.37. Approximately 1,582,826 shares were traded during mid-day trading, an increase of 681% from the average daily volume of 202,606 shares. The stock had previously closed at C$0.29.

CanAsia Energy Stock Performance

The firm has a fifty day simple moving average of C$0.29 and a 200 day simple moving average of C$0.21. The company has a market capitalization of C$42.30 million, a PE ratio of -12.50, a P/E/G ratio of 0.41 and a beta of 0.87.

CanAsia Energy Company Profile

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

Further Reading

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