Cameo Cobalt (CVE:CRU) Stock Price Down 20% – Should You Sell?

Shares of Cameo Cobalt Corp (CVE:CRUGet Free Report) fell 20% during mid-day trading on Monday . The company traded as low as C$0.20 and last traded at C$0.20. 10,200 shares changed hands during trading, a decline of 98% from the average session volume of 421,621 shares. The stock had previously closed at C$0.25.

Cameo Cobalt Price Performance

The company has a current ratio of 0.10, a quick ratio of 0.02 and a debt-to-equity ratio of 3.85. The stock has a market capitalization of C$2.13 million and a P/E ratio of -1.75. The stock has a 50 day moving average of C$0.06 and a 200-day moving average of C$0.06.

Cameo Cobalt Company Profile

(Get Free Report)

Cameo Cobalt Corp., an exploration stage company, engages in the exploration of mineral properties in Chile. Its flagship project, the Carrizal Alto cobalt property covering an area of 456 hectares located in Carrizal Alto district. The company was founded in 1987 and is based in Vancouver, Canada.

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