Champion Bear Resources (CVE:CBA) Hits New 1-Year High – Here’s Why
by Tristan Rich · The Markets DailyChampion Bear Resources Ltd. (CVE:CBA – Get Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05, with a volume of 90000 shares traded. The stock had previously closed at C$0.04.
Champion Bear Resources Stock Performance
The stock’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The company has a market cap of C$3.76 million, a P/E ratio of -5.00 and a beta of 1.77. The company has a debt-to-equity ratio of 154.94, a quick ratio of 0.00 and a current ratio of 0.01.
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.