Colibri Resource (CVE:CBI) Sets New 52-Week Low – What’s Next?

by · The Cerbat Gem

Colibri Resource Co. (CVE:CBI – Get Free Report)’s share price hit a new 52-week low during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 139200 shares traded. The stock had previously closed at C$0.03.

Colibri Resource Stock Performance

The stock’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.04. The stock has a market cap of C$2.08 million, a price-to-earnings ratio of -1.00 and a beta of 1.12. The company has a debt-to-equity ratio of 52.61, a current ratio of 0.47 and a quick ratio of 3.51.

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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