Champion Bear Resources (CVE:CBA) Hits New 52-Week Low – Here’s What Happened

Champion Bear Resources Ltd. (CVE:CBA) shares hit a new 52-week low during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 101000 shares changing hands. The stock had previously closed at C$0.04.

Champion Bear Resources Stock Performance

The stock has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.06. The company has a debt-to-equity ratio of 154.94, a quick ratio of 0.00 and a current ratio of 0.01. The stock has a market capitalization of C$906,750.00, a price-to-earnings ratio of -1.50 and a beta of 0.73.

About Champion Bear Resources

Champion Bear Resources Ltd., a mineral exploration company, acquires, explores for, and develops mineral properties in Canada. It primary explores for gold, platinum group metals, nickel, copper, poly-metallic, lithium, tantalum, and REE deposits. The company holds 100% interests in the Eagle Rock property consisting of 458 staked claims that covers an area of approximately 32,850 acres; the Separation Rapids lithium and tantalum property comprises 8 mining claims in 2 blocks covering an area of approximately 400 acres; and the Plomp Farm property that includes 48 claims covering an area of approximately 2,400 acres located in Ontario.