Libero Copper & Gold (CVE:LBC) Stock Falls 2.2% – Should You Sell?

Libero Copper & Gold Co. (CVE:LBC) shares dropped 2.2% during trading on Wednesday. The company traded as low as C$0.23 and last traded at C$0.23. Approximately 23,000 shares changed hands during trading, a decline of 93% from the average session volume of 322,327 shares. The stock had previously closed at C$0.23.

Libero Copper & Gold Trading Down 2.2%

The company has a debt-to-equity ratio of 114.76, a current ratio of 0.29 and a quick ratio of 1.39. The stock has a market cap of C$13.06 million, a P/E ratio of -1.36 and a beta of 1.60. The firm’s fifty day moving average price is C$0.22 and its two-hundred day moving average price is C$0.23.

About Libero Copper & Gold

Libero Copper & Gold Corporation engages in the acquisition, exploration, and development of mineral properties in Canada, the United States, Argentina, and Colombia. It explores for copper and gold deposits. The company owns 100% interest in the Mocoa porphyry copper-molybdenum deposit located in the Eastern Cordillera of Colombia. It also has an option to acquire a 100% interest in the Big Red porphyry copper-gold property comprising 20 contiguous claims covering an area of 26,000 hectares in northwestern British Columbia; and a 70% interest in the Esperanza Porphyry gold-copper project located in San Juan, Argentina.