Canada One Mining (CVE:CONE) Stock Price Down 14.3% – Here’s What Happened

Canada One Mining Corp. (CVE:CONEGet Free Report) dropped 14.3% during mid-day trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 175,000 shares changed hands during trading, an increase of 242% from the average daily volume of 51,100 shares. The stock had previously closed at C$0.04.

Canada One Mining Stock Performance

The business has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The stock has a market capitalization of C$1.37 million, a P/E ratio of -1.50 and a beta of 2.20.

About Canada One Mining

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Canada One Mining Corp., an exploration stage company, acquires, explores, and develops mineral deposits in Canada. The company focuses on exploring for and discovery of battery metal deposit. It owns 100% interests in the Copper Dome project contiguous to the Copper Mountain Mine in British Columbia is the company's flagship project.

Further Reading

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