Commerce Resources Corp. (CVE:CCE – Get Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 263432 shares trading hands. The stock had previously closed at C$0.08.
Commerce Resources Price Performance
The stock has a market capitalization of C$15.90 million, a price-to-earnings ratio of -0.42 and a beta of 2.44. The company has a quick ratio of 1.71, a current ratio of 2.52 and a debt-to-equity ratio of 0.19. The stock has a 50 day moving average price of C$0.08 and a 200 day moving average price of C$0.11.
Commerce Resources Company Profile
Commerce Resources Corp. engages in the acquisition, exploration, development, and evaluation of mineral resource properties in Canada. The company primarily explores for rare earth elements, as well as tantalum and niobium deposits. Its principal properties are the Eldor property comprising 244 claims that covers an area of approximately 11,475 hectares located in northern Quebec; and the Blue River Tantalum/Niobium property situated in the Blue River region of the Kamloops Mining District of British Columbia.
Featured Stories
- Five stocks we like better than Commerce Resources
- What is the FTSE 100 index?
- SAP’s Strong Momentum: A Bullish Setup for Investors
- What Is WallStreetBets and What Stocks Are They Targeting?
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- Following Congress Stock Trades
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
Receive News & Ratings for Commerce Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerce Resources and related companies with MarketBeat.com's FREE daily email newsletter.
