Bell Copper (CVE:BCU) Trading Down 14.3% – Here’s What Happened

Bell Copper Co. (CVE:BCU)’s share price traded down 14.3% during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. 181,025 shares traded hands during mid-day trading, an increase of 135% from the average session volume of 77,117 shares. The stock had previously closed at C$0.07.

Bell Copper Stock Down 14.3%

The business’s 50-day moving average price is C$0.07 and its 200 day moving average price is C$0.06. The company has a market capitalization of C$8.19 million, a P/E ratio of -4.29 and a beta of 1.16.

About Bell Copper

Bell Copper Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and evaluation of mineral properties in North America. The company explores for copper and molybdenum deposits. It has interests in the Perseverance project that covers an area of approximately 14,100 acres; and the Big Sandy porphyry copper-molybdenum project that comprises approximately 5,733 acres of mineral tenures located in northwestern Arizona. The company was formerly known as Bell Resources Corporation and changed its name to Bell Copper Corporation in April 2008.