Shares of CanAsia Energy Corp. (CVE:CEC – Get Free Report) dropped 3.9% on Thursday. The stock traded as low as C$0.36 and last traded at C$0.37. 211,500 shares traded hands during mid-day trading, an increase of 22% from the average session volume of 172,769 shares. The stock had previously closed at C$0.39.
CanAsia Energy Price Performance
The stock has a 50-day moving average price of C$0.38 and a 200-day moving average price of C$0.25. The company has a market capitalization of C$42.05 million, a P/E ratio of 2.85, a P/E/G ratio of 0.41 and a beta of 0.55.
About CanAsia Energy
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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