Cora Gold (LON:CORA) Stock Price Down 7.8% – Here’s What Happened

Cora Gold Limited (LON:CORAGet Free Report)’s share price was down 7.8% on Tuesday . The company traded as low as GBX 2.10 ($0.03) and last traded at GBX 2.12 ($0.03). Approximately 133,575 shares were traded during trading, an increase of 51% from the average daily volume of 88,447 shares. The stock had previously closed at GBX 2.30 ($0.03).

Cora Gold Stock Performance

The stock has a market capitalization of £11.09 million, a P/E ratio of -140.00 and a beta of 0.46. The company has a current ratio of 7.34, a quick ratio of 5.23 and a debt-to-equity ratio of 64.34. The company has a 50-day moving average price of GBX 2.45 and a two-hundred day moving average price of GBX 2.20.

Cora Gold Company Profile

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Cora Gold is 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.

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