Colibri Resource (CVE:CBI) Reaches New 52-Week Low – Time to Sell?

Shares of Colibri Resource Co. (CVE:CBIGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.03, with a volume of 40000 shares. The stock had previously closed at C$0.02.

Colibri Resource Trading Up 25.0 %

The company has a quick ratio of 3.51, a current ratio of 0.47 and a debt-to-equity ratio of 52.61. The firm’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The firm has a market cap of C$2.59 million, a P/E ratio of -1.25 and a beta of 1.12.

Colibri Resource Company Profile

(Get Free Report)

Colibri Resource Corporation, a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico. The company explores for gold, silver, copper, molybdenum, and other metal deposits. Its flagship property is its 100% owned Evelyn gold project that covers an area of 506 hectares located in the State of Sonora, Mexico.

Read More

Receive News & Ratings for Colibri Resource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Colibri Resource and related companies with MarketBeat.com's FREE daily email newsletter.