Champion Bear Resources (CVE:CBA) Shares Cross Above 200 Day Moving Average of $0.08

Champion Bear Resources Ltd. (CVE:CBA)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.08 and traded as high as C$0.08. Champion Bear Resources shares last traded at C$0.07, with a volume of 23,000 shares trading hands.

Champion Bear Resources Stock Performance

The company has a debt-to-equity ratio of 16.92, a current ratio of 0.01 and a quick ratio of 0.00. The company has a market capitalization of C$4.23 million, a price-to-earnings ratio of -7.00 and a beta of 0.75. The stock has a 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.08.

Insider Buying and Selling at Champion Bear Resources

In other Champion Bear Resources news, Director Richard Derrick Kantor sold 70,000 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of C$0.95, for a total transaction of C$66,500.00. Insiders have sold a total of 224,000 shares of company stock worth $78,820 over the last ninety days. Corporate insiders own 14.11% of the company’s stock.

About Champion Bear Resources

Champion Bear Resources Ltd., a mineral exploration company, acquires, explores for, and develops mineral properties in Canada. It primary explores for gold, platinum group metals, nickel, copper, poly-metallic, lithium, tantalum, and REE deposits. The company holds 100% interests in the Eagle Rock property consisting of 458 staked claims that covers an area of approximately 32,850 acres; the Separation Rapids lithium and tantalum property comprises 8 mining claims in 2 blocks covering an area of approximately 400 acres; and the Plomp Farm property that includes 48 claims covering an area of approximately 2,400 acres located in Ontario.