CanAsia Energy Corp. (CVE:CEC – Get Free Report) shares dropped 3.9% on Thursday. The company traded as low as C$0.36 and last traded at C$0.37. Approximately 211,500 shares traded hands during trading, an increase of 22% from the average daily volume of 172,769 shares. The stock had previously closed at C$0.39.
CanAsia Energy Trading Down 3.9%
The company’s 50-day simple moving average is C$0.38 and its 200-day simple moving average is C$0.25. The stock has a market capitalization of C$42.05 million, a price-to-earnings ratio of 2.85, a PEG ratio of 0.41 and a beta of 0.55.
CanAsia Energy Company Profile
CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.
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