Saint Jean Carbon (CVE:SJL) Shares Down 14.3%

Saint Jean Carbon Inc (CVE:SJL) was down 14.3% during mid-day trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 102,000 shares traded hands during trading, a decline of 39% from the average daily volume of 167,303 shares. The stock had previously closed at C$0.04.

The firm has a market capitalization of $2.27 million and a P/E ratio of -1.15. The stock’s 50 day moving average price is C$0.03.

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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