Canadian Orebodies Inc. (CVE:CORE)’s stock price dropped 5.6% during trading on Tuesday . The stock traded as low as C$0.08 and last traded at C$0.09, approximately 150,000 shares traded hands during mid-day trading. An increase of 231% from the average daily volume of 45,358 shares. The stock had previously closed at C$0.09.

The stock has a market cap of $4.58 million and a price-to-earnings ratio of -1.98. The business’s 50-day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.17.

About Canadian Orebodies (CVE:CORE)

Canadian Orebodies Inc engages in the exploration and development of mineral properties in Canada. It explores for iron, gold, zinc, and other deposits. The company holds 100% interests in the Hemlo North Limb project that includes 135 claim units comprising 2,160 hectares; and staked claims of 303 units totaling 4,848 hectares, which is located to the northeast of Marathon, Ontario.

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