Colibri Resource (CVE:CBI) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Shares of Colibri Resource Co. (CVE:CBI – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$0.12 and traded as high as C$0.12. Colibri Resource shares last traded at C$0.12, with a volume of 43,000 shares traded.

Colibri Resource Stock Performance

The firm has a market cap of C$3.87 million, a P/E ratio of -1.50 and a beta of 0.86. The company has a debt-to-equity ratio of 52.61, a quick ratio of 3.51 and a current ratio of 0.47. The company’s 50 day moving average is C$0.12 and its 200 day moving average is C$0.12.

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. The company also owns the Plomo Gold Project that covers an area of 4,260 hectares located in the Caborca Gold Belt. Colibri Resource Corporation is headquartered in Dieppe, Canada.

Further Reading

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.