Canterra Minerals (CVE:CTM) Trading Up 7.1% – Here’s Why

Shares of Canterra Minerals Co. (CVE:CTM – Get Free Report) were up 7.1% on Thursday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 459,717 shares traded hands during trading, an increase of 18% from the average session volume of 388,299 shares. The stock had previously closed at C$0.14.

Canterra Minerals Price Performance

The business has a 50-day moving average of C$0.13 and a 200 day moving average of C$0.16. The company has a market capitalization of C$59.55 million, a PE ratio of -15.00 and a beta of 3.83.

About Canterra Minerals

(Get Free Report)

Canterra Minerals Corporation, a resource company, engages in the acquisition, exploration, and evaluation of mineral properties in the Northwest Territories and Alberta. It holds diamond properties in the Northwest Territories and Alberta, as well as focuses on gold exploration in Newfoundland. The company holds interest in the Wilding gold project covering an area of 23,600 hectares located in central Newfoundland; Buffalo Hills property that comprises 21 mineral leases covering an area of 4,848 hectares located in Alberta, Canada; and the Clipper Brook property that comprises of 5 mineral licenses totaling 122.5 square kilometers located to the northeast strike extent of the Rogerson Lake Structural Corridor.

Further Reading

Receive News & Ratings for Canterra Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canterra Minerals and related companies with MarketBeat.com's FREE daily email newsletter.