Coro Mining Corp (TSE:COP) Forecasted to Earn FY2023 Earnings of $0.01 Per Share

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Coro Mining Corp (TSE:COP) – Investment analysts at Cormark cut their FY2023 earnings per share (EPS) estimates for shares of Coro Mining in a research note issued on Tuesday, December 3rd. Cormark analyst S. Ioannou now forecasts that the mining company will post earnings per share of $0.01 for the year, down from their previous forecast of $0.03.

TSE:COP opened at C$0.07 on Wednesday. The company has a debt-to-equity ratio of 52.01, a current ratio of 0.66 and a quick ratio of 0.59. The company’s fifty day moving average price is C$0.09 and its 200-day moving average price is C$0.09. Coro Mining has a 1-year low of C$0.05 and a 1-year high of C$0.12. The firm has a market capitalization of $128.36 million and a P/E ratio of -4.12.

Coro Mining Company Profile

Coro Mining Corp. engages in the acquisition, exploration, and exploitation of mineral properties and projects located in Latin America. It explores for copper, iron ore, gold, and other base and precious metals. The company principally holds 51% interests in Marimaca copper oxide project located in the Antofagasta Region of northern Chile.

See Also: Euro STOXX 50 Index

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