Camino Minerals (CVE:COR) Trading 6.1% Higher – Time to Buy?

Shares of Camino Minerals Co. (CVE:COR) traded up 6.1% during trading on Tuesday . The company traded as high as C$0.90 and last traded at C$0.87. 89,100 shares were traded during trading, an increase of 36% from the average session volume of 65,648 shares. The stock had previously closed at C$0.82.

Camino Minerals Stock Performance

The stock’s fifty day simple moving average is C$0.69 and its 200-day simple moving average is C$0.48. The company has a quick ratio of 8.31, a current ratio of 1.24 and a debt-to-equity ratio of 0.82. The company has a market capitalization of C$77.66 million, a PE ratio of 21.75 and a beta of 0.49.

Camino Minerals Company Profile

Camino Minerals Corporation, an exploration stage company, engages in the exploration and development of mineral properties primarily in Peru. The company explores for copper, gold, and silver deposits. It owns 100% interests in the Plata Dorada project, which consists of 6 claims totaling an area of 2,100 hectares located in the Department of Cuzco, Peru; the Maria Cecilia project covering an area of approximately 7,110 hectares located in the Cordillera Negra Mountain; and the Los Chapitos property comprises 12 claims that covers an area of 6,000 hectares located in department of Arequipa, Peru.