Canada Rare Earth (CVE:LL) Shares Down 10%

Canada Rare Earth Corp (CVE:LL) shares traded down 10% on Friday . The company traded as low as C$0.05 and last traded at C$0.05, 10,000 shares traded hands during mid-day trading. A decline of 91% from the average session volume of 108,405 shares. The stock had previously closed at C$0.05.

The business has a 50-day moving average of C$0.06 and a 200-day moving average of C$0.06. The stock has a market capitalization of $9.65 million and a price-to-earnings ratio of -7.50. The company has a debt-to-equity ratio of 67.64, a quick ratio of 0.92 and a current ratio of 1.31.

About Canada Rare Earth (CVE:LL)

Canada Rare Earth Corp., a development stage company, engages in the exploration and development of rare earth elements in Canada and internationally. Its products include high-purity rare earth oxides, rare earth fluorides, larger particle/nano rare earth oxides, and other products. The company was formerly known as Rare Earth Metals Inc and changed its name to Canada Rare Earth Corp.

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