Canterra Minerals (CVE:CTM) Trading Up 7.7% – Here’s What Happened

Canterra Minerals Co. (CVE:CTM) shares rose 7.7% during trading on Monday . The stock traded as high as C$0.22 and last traded at C$0.21. Approximately 693,493 shares were traded during mid-day trading, an increase of 67% from the average daily volume of 415,576 shares. The stock had previously closed at C$0.20.

Canterra Minerals Price Performance

The firm has a market capitalization of C$72.10 million, a PE ratio of -10.50 and a beta of 1.30. The firm has a 50-day simple moving average of C$0.17 and a 200-day simple moving average of C$0.12.

Canterra Minerals Company Profile

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.