Canada Rare Earth (CVE:LL) Stock Price Down 20%

Canada Rare Earth Corp. (CVE:LL) traded down 20% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 111,000 shares changed hands during mid-day trading, an increase of 56% from the average session volume of 71,307 shares. The stock had previously closed at C$0.03.

Canada Rare Earth Stock Down 20.0 %

The company has a debt-to-equity ratio of 20,260.85, a quick ratio of 0.34 and a current ratio of 0.78. The stock’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.03. The firm has a market cap of C$4.23 million, a P/E ratio of -3.50 and a beta of 0.58.

Canada Rare Earth Company Profile

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.