Shares of CanAsia Energy Corp. (CVE:CEC – Get Free Report) rose 11.5% on Monday . The stock traded as high as C$0.29 and last traded at C$0.29. Approximately 126,336 shares changed hands during trading, a decline of 49% from the average daily volume of 247,769 shares. The stock had previously closed at C$0.26.
CanAsia Energy Price Performance
The stock’s fifty day moving average is C$0.25 and its 200-day moving average is C$0.14. The stock has a market cap of C$32.71 million, a PE ratio of -9.67, a price-to-earnings-growth ratio of 0.41 and a beta of 0.45.
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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