Champion Bear Resources (CVE:CBA) Stock Price Up 75% – What’s Next?

Champion Bear Resources Ltd. (CVE:CBA)’s stock price rose 75% during mid-day trading on Thursday . The stock traded as high as C$0.05 and last traded at C$0.04. Approximately 627,005 shares were traded during mid-day trading, an increase of 71% from the average daily volume of 367,677 shares. The stock had previously closed at C$0.02.

Champion Bear Resources Trading Up 75.0%

The company has a debt-to-equity ratio of 154.94, a current ratio of 0.01 and a quick ratio of 0.00. The business has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The stock has a market cap of C$2.63 million, a price-to-earnings ratio of -3.50 and a beta of 1.77.

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.