Canada Carbon (CVE:CCB) Sets New 1-Year Low – Should You Sell?

Canada Carbon Inc. (CVE:CCB) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 1046136 shares changing hands. The stock had previously closed at C$0.01.

Canada Carbon Stock Performance

The stock has a market cap of C$2.42 million, a price-to-earnings ratio of -0.50 and a beta of 1.38. The company’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01.

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. The company was formerly known as Bolero Resources Corp.