Saint Jean Carbon (CVE:SJL) Stock Price Up 40%

Shares of Saint Jean Carbon Inc (CVE:SJL) rose 40% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 631,500 shares were traded during mid-day trading, an increase of 277% from the average daily volume of 167,690 shares. The stock had previously closed at C$0.03.

The stock’s fifty day moving average price is C$0.03. The stock has a market capitalization of $2.27 million and a P/E ratio of -1.15.

About Saint Jean Carbon (CVE:SJL)

Saint Jean Carbon Inc, a junior resource company, acquires, explores for, and develops mineral properties in Canada. It operates in two segments, Mineral Exploration and Development, and Research and Development. The company primarily explores for graphite and molybdenum properties located in the provinces of Quebec, British Columbia, Manitoba, and Saskatchewan.

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