Champion Bear Resources (CVE:CBA) Stock Price Down 36.4%

Champion Bear Resources Ltd. (CVE:CBA) was down 36.4% during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.04. Approximately 204,875 shares were traded during trading, an increase of 614% from the average daily volume of 28,701 shares. The stock had previously closed at C$0.06.

Champion Bear Resources Trading Down 18.2 %

The business’s 50 day moving average price is C$0.08 and its 200-day moving average price is C$0.08. The company has a current ratio of 0.01, a quick ratio of 0.00 and a debt-to-equity ratio of 18.11. The company has a market cap of C$2.72 million, a price-to-earnings ratio of -5.50 and a beta of 0.75.

Insider Transactions at Champion Bear Resources

In other news, Director Richard Derrick Kantor sold 70,000 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of C$0.95, for a total transaction of C$66,500.00. In the last 90 days, insiders sold 224,000 shares of company stock worth $78,820. 14.11% of the stock is owned by insiders.

Champion Bear Resources Company Profile

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.