Canyon Creek Food (CVE:CYF) Shares Up 180% – Still a Buy?

Shares of Canyon Creek Food Company Ltd. (CVE:CYFGet Free Report) rose 180% during mid-day trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.07. Approximately 1,123,100 shares were traded during trading, an increase of 726% from the average daily volume of 135,989 shares. The stock had previously closed at C$0.03.

Canyon Creek Food Price Performance

The company has a market capitalization of C$1.41 million, a price-to-earnings ratio of -0.50 and a beta of 1.67. The firm has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02.

About Canyon Creek Food

(Get Free Report)

Canyon Creek Food Company Ltd. operates as a food processing company in Canada and the United States. The company engages in the provision of fresh soups, sauces, gravies, side dishes, and other prepared food products. It offers its products to grocery retailers and various food service establishments, as well as involved in the provision of freight services. The company was founded in 1995 is based in Edmonton, Canada.

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