Canterra Minerals (CVE:CTM) Shares Down 11.1% – Time to Sell?

Canterra Minerals Co. (CVE:CTMGet Free Report)’s stock price traded down 11.1% during trading on Tuesday . The stock traded as low as C$0.12 and last traded at C$0.12. 857,577 shares changed hands during trading, an increase of 113% from the average daily volume of 402,098 shares. The stock had previously closed at C$0.14.

Canterra Minerals Price Performance

The business’s fifty day moving average price is C$0.14 and its two-hundred day moving average price is C$0.16. The stock has a market capitalization of C$55.58 million, a PE ratio of -14.00 and a beta of 3.59.

Canterra Minerals Company Profile

(Get Free Report)

Canterra Minerals Corporation, a resource company, engages in the acquisition, exploration, and evaluation of mineral properties in the Northwest Territories and Alberta. It holds diamond properties in the Northwest Territories and Alberta, as well as focuses on gold exploration in Newfoundland. The company holds interest in the Wilding gold project covering an area of 23,600 hectares located in central Newfoundland; Buffalo Hills property that comprises 21 mineral leases covering an area of 4,848 hectares located in Alberta, Canada; and the Clipper Brook property that comprises of 5 mineral licenses totaling 122.5 square kilometers located to the northeast strike extent of the Rogerson Lake Structural Corridor.

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