Canada Carbon (CVE:CCB) Sets New 52-Week Low – Should You Sell?

Canada Carbon Inc. (CVE:CCB)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 214000 shares changing hands. The stock had previously closed at C$0.01.

Canada Carbon Stock Performance

The company has a market capitalization of C$3.08 million, a PE ratio of -1.50 and a beta of 0.69. The company has a 50 day moving average price of C$0.02 and a 200 day moving average price of C$0.03.

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.