Commerce Resources Corp. (CVE:CCE – Get Free Report)’s stock price traded up 14.3% during trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.08. 1,013,609 shares changed hands during trading, an increase of 715% from the average session volume of 124,385 shares. The stock had previously closed at C$0.07.
Commerce Resources Stock Up 28.6 %
The firm’s 50 day simple moving average is C$0.07 and its 200-day simple moving average is C$0.10. The company has a market cap of C$19.08 million, a price-to-earnings ratio of -0.50 and a beta of 2.44. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.52 and a quick ratio of 1.71.
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.
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