Libero Copper & Gold (CVE:LBC) Shares Down 2.2% – Time to Sell?

Libero Copper & Gold Co. (CVE:LBC) shares dropped 2.2% during trading on Thursday . The stock traded as low as C$0.23 and last traded at C$0.23. Approximately 23,000 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 322,327 shares. The stock had previously closed at C$0.23.

Libero Copper & Gold Price Performance

The company has a debt-to-equity ratio of 4.76, a current ratio of 3.99 and a quick ratio of 1.39. The firm has a market cap of C$13.06 million, a price-to-earnings ratio of -1.36 and a beta of 1.60. The stock’s fifty day moving average price is C$0.22 and its 200-day moving average price is C$0.23.

Libero Copper & Gold Company Profile

Libero Copper & Gold Corporation engages in the acquisition, exploration, and development of mineral properties in Canada, the United States, Argentina, and Colombia. It explores for copper and gold deposits. The company owns 100% interest in the Mocoa porphyry copper-molybdenum deposit located in the Eastern Cordillera of Colombia. It also has an option to acquire a 100% interest in the Big Red porphyry copper-gold property comprising 20 contiguous claims covering an area of 26,000 hectares in northwestern British Columbia; and a 70% interest in the Esperanza Porphyry gold-copper project located in San Juan, Argentina.