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Canyon Creek Food shares plummeted 37.5% to C$0.03 amid investor concerns, with no stated cause.
Canyon Creek Food (CVE:CYF) shares dropped 37.5% on Monday, closing at C$0.03 amid moderate trading volume.
The Edmonton-based food processor, founded in 1995, produces prepared foods and offers freight services.
With a market cap of C$878,725 and a negative P/E ratio of -0.31, the stock's sharp decline raised investor concerns, though no specific cause was provided.
The stock's 50-day and 200-day moving averages both stood at C$0.02, and its beta of 1.67 indicates higher volatility than the market.
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Las acciones de Canyon Creek Food se desplomaron un 37.5% a C $ 0.03 en medio de las preocupaciones de los inversores, sin ninguna causa indicada.