Canada Carbon (CVE:CCB) Hits New 1-Year Low – Here’s Why

Canada Carbon Inc. (CVE:CCB) reached a new 52-week low during trading on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 1046136 shares traded. The stock had previously closed at C$0.01.

Canada Carbon Stock Performance

The company has a 50-day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01. The stock has a market cap of C$2.42 million, a P/E ratio of -0.50 and a beta of 1.38.

Canada Carbon Company Profile

Canada Carbon Inc engages in the acquisition, exploration, and evaluation of natural resource properties in Canada. The company primarily explores for graphite deposits. It holds interests in the Miller property that covers an area of approximately 100 square kilometers located to the west of Montreal in the Grenville Township; and the Asbury Graphite property, which includes 22 claims covering an area of approximately 1,205.9 hectares located in the Laurentides region of southern Quebec. The company was formerly known as Bolero Resources Corp.