Colibri Resource (CVE:CBI) Hits New 1-Year Low – Here’s What Happened

by · The Cerbat Gem

Shares of Colibri Resource Co. (CVE:CBI – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.05, with a volume of 12000 shares changing hands. The stock had previously closed at C$0.05.

Colibri Resource Price Performance

The company has a current ratio of 0.47, a quick ratio of 3.51 and a debt-to-equity ratio of 52.61. The business’s fifty day moving average price is C$0.05 and its 200 day moving average price is C$0.05. The company has a market capitalization of C$4.67 million, a P/E ratio of -2.25 and a beta of 1.15.

About Colibri Resource

(Get Free Report)

Colibri Resource Corporation, a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico. The company explores for gold, silver, copper, molybdenum, and other metal deposits. Its flagship property is its 100% owned Evelyn gold project that covers an area of 506 hectares located in the State of Sonora, Mexico.

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