Camino Minerals (CVE:COR) Stock Price Down 3.4% – What’s Next?

Camino Minerals Co. (CVE:COR)’s share price traded down 3.4% during trading on Wednesday . The company traded as low as C$0.28 and last traded at C$0.28. 2,500 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 36,049 shares. The stock had previously closed at C$0.29.

Camino Minerals Stock Down 3.7 %

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 company has a market capitalization of C$54.41 million, a price-to-earnings ratio of -13.00 and a beta of 0.67. The firm has a 50-day moving average price of C$0.25 and a two-hundred day moving average price of C$0.11.

About Camino Minerals

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.