CanAsia Energy (CVE:CEC) Trading Down 13.3% – Here’s What Happened

by · The Cerbat Gem

CanAsia Energy Corp. (CVE:CEC – Get Free Report) dropped 13.3% during mid-day trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 639,900 shares were traded during mid-day trading, an increase of 1,108% from the average daily volume of 52,969 shares. The stock had previously closed at C$0.08.

CanAsia Energy Trading Down 13.3%

The company has a market capitalization of C$7.33 million, a P/E ratio of -3.25, a P/E/G ratio of 0.41 and a beta of 1.03. The company’s fifty day moving average is C$0.10 and its 200 day moving average is C$0.09.

CanAsia Energy Company Profile

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

See Also