Canada Rare Earth (CVE:LL) Hits New 52-Week Low – Here’s Why

Canada Rare Earth Corp. (CVE:LLGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 50700 shares trading hands. The stock had previously closed at C$0.02.

Canada Rare Earth Stock Performance

The company has a market capitalization of C$3.17 million, a PE ratio of -3.50 and a beta of 0.53. The company has a quick ratio of 0.34, a current ratio of 0.71 and a debt-to-equity ratio of 20,260.85. The business has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02.

About Canada Rare Earth

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Canada Rare Earth Corp., a development stage company, focuses on developing an integrated business within the rare earth industry in Asia. The company offers high-purity rare earth oxides, rare earth fluorides, larger particle/nano rare earth oxides, and other products. Its products are used in various industries, such as high-end electronics, lighting solutions, ceramic and glass, catalytic and cracking, magnets, and atomic energy.

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