Bell Copper (CVE:BCU) Shares Down 20% – Here’s What Happened

Shares of Bell Copper Co. (CVE:BCUGet Free Report) were down 20% during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 164,297 shares changed hands during mid-day trading, an increase of 121% from the average daily volume of 74,355 shares. The stock had previously closed at C$0.10.

Bell Copper Stock Down 20.0%

The stock has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.07. The stock has a market cap of C$10.92 million, a PE ratio of -8.00 and a beta of 1.52.

About Bell Copper

(Get Free Report)

Bell Copper Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and evaluation of mineral properties in North America. The company explores for copper and molybdenum deposits. It has interests in the Perseverance project that covers an area of approximately 14,100 acres; and the Big Sandy porphyry copper-molybdenum project that comprises approximately 5,733 acres of mineral tenures located in northwestern Arizona. The company was formerly known as Bell Resources Corporation and changed its name to Bell Copper Corporation in April 2008.

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