Cora Gold (LON:CORA) Stock Price Down 8% – Time to Sell?

Cora Gold Limited (LON:CORAGet Free Report) fell 8% during trading on Tuesday . The stock traded as low as GBX 2.30 ($0.03) and last traded at GBX 2.30 ($0.03). 1,558 shares changed hands during trading, a decline of 99% from the average session volume of 204,001 shares. The stock had previously closed at GBX 2.50 ($0.03).

Cora Gold Price Performance

The business has a fifty day moving average of GBX 2.77 and a two-hundred day moving average of GBX 2.14. The company has a debt-to-equity ratio of 64.34, a quick ratio of 5.23 and a current ratio of 7.34. The firm has a market capitalization of £10.40 million, a price-to-earnings ratio of -140.00 and a beta of 0.46.

About Cora Gold

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Cora Gold Limited, together with its subsidiaries, explores for and develops mineral projects in United States and West Africa. The company primarily explores for gold deposits. Its flagship project is the Sanankoro Gold project located in the southern Mali; Yanfolila Gold Belt, located in Southern Mali.

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