Shares of Champion Bear Resources Ltd. (CVE:CBA – Get Free Report) crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$0.05 and traded as low as C$0.03. Champion Bear Resources shares last traded at C$0.03, with a volume of 164,000 shares traded.
Champion Bear Resources Stock Down 45.5%
The firm has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.05. The firm has a market capitalization of C$2.26 million, a price-to-earnings ratio of -3.00 and a beta of 2.20. The company has a debt-to-equity ratio of 154.94, a quick ratio of 0.00 and a current ratio of 0.01.
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.
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