Colibri Resource (CVE:CBI) Reaches New 12-Month Low – Here’s What Happened

Shares of Colibri Resource Co. (CVE:CBIGet Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 174864 shares traded. The stock had previously closed at C$0.03.

Colibri Resource Price Performance

The company has a market cap of C$2.59 million, a PE ratio of -1.25 and a beta of 1.12. 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 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.04.

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.

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