Cora Gold (LON:CORA) Stock Price Up 2.4% – Still a Buy?

by · The Markets Daily

Cora Gold Limited (LON:CORAGet Free Report) shares shot up 2.4% on Thursday . The stock traded as high as GBX 6.50 and last traded at GBX 6.30. 9,842 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 455,385 shares. The stock had previously closed at GBX 6.15.

Cora Gold Trading Up 2.4%

The company has a quick ratio of 5.23, a current ratio of 1.05 and a debt-to-equity ratio of 64.34. The company’s fifty day simple moving average is GBX 7.31 and its two-hundred day simple moving average is GBX 7.52. The company has a market capitalization of £30.54 million, a price-to-earnings ratio of -21.72 and a beta of 0.46.

About Cora Gold

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Cora Gold Ltd (AIM: CORA) is a gold developer focused on delivering long-term value to shareholders through advancing proven gold deposits in West Africa towards production. Led by a team with a track record in making multi-million-ounce gold discoveries that have been developed into operating mines, the Company has two de-risked project areas within known gold belts in Mali and Senegal.

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