CanAsia Energy Corp. (CVE:CEC – Get Free Report) shares were up 16.2% on Wednesday . The company traded as high as C$0.48 and last traded at C$0.43. Approximately 1,263,346 shares changed hands during mid-day trading, an increase of 556% from the average session volume of 192,523 shares. The stock had previously closed at C$0.37.
CanAsia Energy Stock Up 16.2%
The firm has a market capitalization of C$48.87 million, a P/E ratio of 3.31, a price-to-earnings-growth ratio of 0.41 and a beta of 0.83. The firm’s 50-day simple moving average is C$0.33 and its 200-day simple moving average is C$0.25.
About CanAsia Energy
CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.
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