CanAsia Energy Corp. (CVE:CEC – Get Free Report) shot up 16.2% during mid-day trading on Wednesday . The company traded as high as C$0.48 and last traded at C$0.43. Approximately 1,263,346 shares traded hands during mid-day trading, an increase of 556% from the average daily volume of 192,523 shares. The stock had previously closed at C$0.37.
CanAsia Energy Stock Performance
The firm’s fifty day simple moving average is C$0.33 and its 200 day simple moving average is C$0.25. The firm has a market cap of C$46.59 million, a P/E ratio of 3.15, a P/E/G ratio of 0.41 and a beta of 0.83.
CanAsia Energy Company Profile
CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.
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