Camino Minerals (CVE:COR) Shares Down 10.4% – Time to Sell?

Shares of Camino Minerals Co. (CVE:CORGet Free Report) fell 10.4% during mid-day trading on Tuesday . The stock traded as low as C$0.41 and last traded at C$0.43. Approximately 136,645 shares were traded during mid-day trading, an increase of 164% from the average session volume of 51,729 shares. The stock had previously closed at C$0.48.

Camino Minerals Stock Performance

The firm has a fifty day moving average of C$0.53 and a 200 day moving average of C$0.61. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.24 and a quick ratio of 8.31. The stock has a market capitalization of C$38.38 million, a price-to-earnings ratio of 21.50 and a beta of 1.71.

Camino Minerals Company Profile

(Get Free Report)

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.

Further Reading

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