Cora Gold (LON:CORA) Shares Down 3.6% – Here’s What Happened

Shares of Cora Gold Limited (LON:CORA) traded down 3.6% on Tuesday . The company traded as low as GBX 9 and last traded at GBX 9.50. Approximately 26,679 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 404,579 shares. The stock had previously closed at GBX 9.85.

Cora Gold Trading Down 3.6%

The company has a market capitalization of £72.70 million, a price-to-earnings ratio of -31.67 and a beta of 0.86. The stock’s fifty day simple moving average is GBX 8.67 and its 200-day simple moving average is GBX 9.11.

About Cora Gold

Cora Gold Ltd (AIM: CORA) is a gold developer focused on delivering long-term value to shareholders through advancing proven gold deposits in West Africa towards production. Led by a team with a track record in making multi-million-ounce gold discoveries that have been developed into operating mines, the Company has two de-risked project areas within known gold belts in Mali and Senegal.

The Company’s most advanced project is the Sanankoro Gold Project in the Yanfolila Gold Belt, south Mali, where a mine with low capital and operating costs based around high recovery, low strip ratio, free-digging oxide ore is approaching construction readiness.