Colibri Resource (CVE:CBI) Reaches New 52-Week Low – Here’s Why

Colibri Resource Co. (CVE:CBIGet Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as C$0.02 and last traded at C$0.03, with a volume of 54500 shares trading hands. The stock had previously closed at C$0.03.

Colibri Resource Stock Performance

The company has a quick ratio of 3.51, a current ratio of 0.47 and a debt-to-equity ratio of 52.61. The stock has a market cap of C$2.59 million, a P/E ratio of -1.25 and a beta of 1.12. The business’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.05.

About Colibri Resource

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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.

Further Reading

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