Corsa Coal Corp. (CVE:CSO – Get Free Report) was down 7.1% during mid-day trading on Wednesday . The stock traded as low as C$0.19 and last traded at C$0.20. Approximately 66,220 shares were traded during mid-day trading, an increase of 9% from the average daily volume of 60,883 shares. The stock had previously closed at C$0.21.
Corsa Coal Stock Up 11.6 %
The firm has a 50-day simple moving average of C$0.24 and a 200 day simple moving average of C$0.24. The company has a debt-to-equity ratio of 30.87, a current ratio of 0.70 and a quick ratio of 0.82. The company has a market capitalization of C$24.91 million, a PE ratio of -3.43 and a beta of 1.57.
About Corsa Coal
Corsa Coal Corp. mines, processes, and sells metallurgical coal in the Asia, North America, South America, and Europe. The company is involved in the exploring, acquiring, and developing coal resource properties. Its flagship mine is the Casselman Mine property with approximately 6.2 million tons of clean coking coal located in the Maryland, United States.
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