CMC Metals (CVE:CMB) Trading Up 40%

CMC Metals Ltd (CVE:CMB) shares traded up 40% on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11, 796,082 shares changed hands during mid-day trading. An increase of 322% from the average session volume of 188,783 shares. The stock had previously closed at C$0.08.

The company has a market cap of $2.46 million and a price-to-earnings ratio of -5.00. The stock’s fifty day moving average is C$0.06 and its two-hundred day moving average is C$0.05.

CMC Metals Company Profile (CVE:CMB)

CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. It explores for silver-zinc-lead deposits. The company holds a 100% interest in the Silver Hart property consisting of 116 contiguous and partial claims covering an area of 2,200 hectares located in the Watson Lake Mining District, Yukon Territories.

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