Cora Gold (LON:CORA) Stock Price Down 8.3% – Here’s Why

Cora Gold Limited (LON:CORAGet Free Report) shares traded down 8.3% on Monday . The company traded as low as GBX 6 ($0.08) and last traded at GBX 6.10 ($0.08). 2,886,022 shares changed hands during trading, an increase of 299% from the average session volume of 722,723 shares. The stock had previously closed at GBX 6.66 ($0.09).

Cora Gold Trading Up 3.7 %

The company has a debt-to-equity ratio of 64.34, a current ratio of 1.05 and a quick ratio of 5.23. The stock’s 50 day moving average is GBX 3.14 and its 200-day moving average is GBX 2.72. The company has a market capitalization of £39.04 million, a P/E ratio of -44.67 and a beta of 0.46.

Cora Gold Company Profile

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Cora Gold is focused on delivering long-term value to shareholders through advancing proven gold deposits in West Africa towards production. Led by a team with a track record in making multi-million-ounce gold discoveries that have been developed into operating mines, the Company has two de-risked project areas within known gold belts in Mali and Senegal.

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