Canada Rare Earth (CVE:LL) Stock Price Down 20%

Canada Rare Earth Corp. (CVE:LL)’s stock price was down 20% during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 111,000 shares changed hands during mid-day trading, an increase of 56% from the average daily volume of 71,307 shares. The stock had previously closed at C$0.03.

Canada Rare Earth Price Performance

The stock has a market cap of C$4.23 million, a P/E ratio of -3.50 and a beta of 0.58. The business’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.03. The company has a current ratio of 0.78, a quick ratio of 0.34 and a debt-to-equity ratio of 20,260.85.

Canada Rare Earth Company Profile

Canada Rare Earth Corp., a development stage company, focuses on developing an integrated business within the rare earth industry in Asia. The company offers high-purity rare earth oxides, rare earth fluorides, larger particle/nano rare earth oxides, and other products. Its products are used in various industries, such as high-end electronics, lighting solutions, ceramic and glass, catalytic and cracking, magnets, and atomic energy.