Commerce Resources (CVE:CCE) Trading 5% Higher

Commerce Resources Corp. (CVE:CCE) shares traded up 5% during trading on Monday . The company traded as high as C$0.11 and last traded at C$0.11. 154,455 shares traded hands during mid-day trading, an increase of 162% from the average session volume of 58,956 shares. The stock had previously closed at C$0.10.

Commerce Resources Price Performance

The company has a debt-to-equity ratio of 0.19, a current ratio of 1.20 and a quick ratio of 1.71. The business has a fifty day moving average of C$0.10 and a 200 day moving average of C$0.13. The stock has a market cap of C$10.98 million, a PE ratio of -8.50 and a beta of 2.05.

Commerce Resources (CVE:CCE) last released its earnings results on Thursday, June 15th. The company reported C($0.01) EPS for the quarter.

About Commerce Resources

Commerce Resources Corp. acquires, explores, develops, and evaluates mineral resource properties in Canada. The company primarily explores for rare earth elements, as well as tantalum and niobium deposits. Its principal properties are the Eldor property comprising 244 claims that covers an area of approximately 11,475 hectares located in northern Quebec; and the Blue River Tantalum/Niobium property situated in British Columbia.