Centurion Minerals (CVE:CTN) Trading Down 50% – Should You Sell?

Centurion Minerals Ltd. (CVE:CTN) shares were down 50% on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 417,050 shares traded hands during mid-day trading, an increase of 346% from the average daily volume of 93,595 shares. The stock had previously closed at C$0.01.

Centurion Minerals Price Performance

The firm’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The firm has a market cap of C$215,850.00, a price-to-earnings ratio of 0.07 and a beta of 0.34.

Centurion Minerals Company Profile

Centurion Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada and Argentina. It explores for calcium sulphate. The company holds interest in the Ana Sofia Agricultural Gypsum project that consists of two mining concessions covering an area of 50 hectares and approximately 600 hectares of exploration rights located in Santiago del Estero Province, Argentina; and Casa Berardi West project that consists of 3 claim group covering and area of 5,100 hectares located in the northeast of Cochrane, Ontario.