Shares of Colibri Resource Co. (CVE:CBI – Get Free Report) dropped 19% during mid-day trading on Tuesday . The company traded as low as C$0.09 and last traded at C$0.09. 66,751 shares changed hands during trading, an increase of 1% from the average daily volume of 65,903 shares. The stock had previously closed at C$0.10.
Colibri Resource Stock Up 11.8%
The company has a debt-to-equity ratio of 52.61, a current ratio of 0.47 and a quick ratio of 3.51. The firm has a market capitalization of C$3.50 million, a P/E ratio of -1.90 and a beta of 1.46. The business has a 50 day moving average price of C$0.10 and a 200 day moving average price of C$0.16.
Colibri Resource Company Profile
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. The company also owns the Plomo Gold Project that covers an area of 4,260 hectares located in the Caborca Gold Belt. Colibri Resource Corporation is headquartered in Dieppe, Canada.
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