Canarc Resource Corp. (TSE:CCM) Director Sells 300,000 Shares

Canarc Resource Corp. (TSE:CCM) Director Bradford Cooke sold 300,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of C$0.14, for a total transaction of C$42,000.00. Following the sale, the director now owns 8,710,580 shares of the company’s stock, valued at C$1,219,481.20.

CCM opened at C$0.13 on Friday. The firm’s 50 day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.06. The company has a market capitalization of $25.48 million and a PE ratio of -26.00. Canarc Resource Corp. has a 1-year low of C$0.03 and a 1-year high of C$0.15. The company has a current ratio of 12.37, a quick ratio of 12.37 and a debt-to-equity ratio of 0.39.

Canarc Resource Company Profile

Canarc Resource Corp. engages in the acquisition, exploration, and development of precious metal properties in the United States and Canada. The company explores for gold and silver deposits. It primarily owns a 100% interest in the New Polaris gold mine project located in north-western British Columbia.

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