Camino Minerals (CVE:COR) Trading Up 6.1% – Here’s Why

Shares of Camino Minerals Co. (CVE:COR) rose 6.1% on Tuesday . The stock traded as high as C$0.90 and last traded at C$0.87. Approximately 89,100 shares traded hands during mid-day trading, an increase of 36% from the average daily volume of 65,648 shares. The stock had previously closed at C$0.82.

Camino Minerals Stock Performance

The company has a debt-to-equity ratio of 0.82, a current ratio of 1.24 and a quick ratio of 8.31. The firm’s 50-day moving average price is C$0.71 and its 200-day moving average price is C$0.48. The stock has a market cap of C$75.88 million, a P/E ratio of 21.25 and a beta of 0.49.

About Camino Minerals

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.