Bell Copper (CVE:BCU) Trading Down 12.5% – Here’s What Happened

Bell Copper Co. (CVE:BCU)’s stock price dropped 12.5% during trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 113,001 shares were traded during trading, an increase of 41% from the average daily volume of 80,116 shares. The stock had previously closed at C$0.08.

Bell Copper Trading Down 12.5%

The firm has a market capitalization of C$9.56 million, a price-to-earnings ratio of -5.00 and a beta of 1.16. The firm has a 50 day moving average price of C$0.07 and a two-hundred day moving average price of C$0.06.

About Bell Copper

Bell Copper Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and evaluation of mineral properties in North America. The company explores for copper and molybdenum deposits. It has interests in the Perseverance project that covers an area of approximately 14,100 acres; and the Big Sandy porphyry copper-molybdenum project that comprises approximately 5,733 acres of mineral tenures located in northwestern Arizona. The company was formerly known as Bell Resources Corporation and changed its name to Bell Copper Corporation in April 2008.