Commerce Resources (CVE:CCE) Shares Down 3.7%

Commerce Resources Corp. (CVE:CCE) traded down 3.7% during trading on Wednesday . The company traded as low as C$0.13 and last traded at C$0.13. 114,500 shares traded hands during mid-day trading, an increase of 37% from the average session volume of 83,670 shares. The stock had previously closed at C$0.14.

Commerce Resources Stock Down 7.4 %

The business has a 50 day simple moving average of C$0.15 and a 200 day simple moving average of C$0.13. The company has a debt-to-equity ratio of 0.15, a current ratio of 16.94 and a quick ratio of 1.71. The stock has a market cap of C$21.00 million, a PE ratio of -6.75 and a beta of 2.22.

Commerce Resources (CVE:CCE) last issued its earnings results on Wednesday, February 14th. The company reported C($0.01) EPS for the quarter.

Commerce Resources Company Profile

Commerce Resources Corp. engages in the acquisition, exploration, development, and evaluation of mineral resource properties in Canada. The company primarily explores for rare earth elements, as well as tantalum and niobium deposits. Its principal properties are the Eldor property comprising 244 claims that covers an area of approximately 11,475 hectares located in northern Quebec; and the Blue River Tantalum/Niobium property situated in the Blue River region of the Kamloops Mining District of British Columbia.