Explor Resources (CVE:EXS) Stock Price Down 20%

Explor Resources Inc. (CVE:EXS) dropped 20% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, approximately 78,300 shares changed hands during mid-day trading. A decline of 68% from the average daily volume of 246,713 shares. The stock had previously closed at C$0.03.

The stock has a market capitalization of $6.01 million and a P/E ratio of -0.50. The stock has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. The company has a debt-to-equity ratio of 12.41, a quick ratio of 0.04 and a current ratio of 0.05.

About Explor Resources (CVE:EXS)

Explor Resources Inc, a junior gold and base metals mining and exploration company, engages in the acquisition and exploration of mining properties in Canada. The company primarily explores for gold, copper, zinc, nickel, and base metal properties in Ontario, Québec, Saskatchewan, and New Brunswick. Its flagship property is the Timmins Porcupine West Gold Project consisting of 185 unpatented mining units and 3 patented mining claims covering a total of 3,200 hectares located in the Bristol and Ogden Townships in the Timmins-Porcupine Mining Camp.

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