Camino Minerals (CVE:COR) Trading Down 10.7% – Time to Sell?

Camino Minerals Co. (CVE:COR)’s stock price was down 10.7% on Thursday . The stock traded as low as C$0.50 and last traded at C$0.50. Approximately 118,610 shares were traded during mid-day trading, an increase of 133% from the average daily volume of 50,870 shares. The stock had previously closed at C$0.56.

Camino Minerals Stock Down 10.7%

The company has a current ratio of 1.24, a quick ratio of 8.31 and a debt-to-equity ratio of 0.82. The company has a market capitalization of C$44.63 million, a price-to-earnings ratio of 25.00 and a beta of 1.71. The firm’s fifty day simple moving average is C$0.55 and its two-hundred day simple moving average is C$0.61.

Camino Minerals Company Profile

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.