Cora Gold (LON:CORA) Trading Down 8.3% – Time to Sell?

Cora Gold Limited (LON:CORAGet Free Report) shares fell 8.3% during trading 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 Stock Performance

The company has a current ratio of 1.05, a quick ratio of 5.23 and a debt-to-equity ratio of 64.34. The company has a 50-day moving average price of GBX 3.23 and a two-hundred day moving average price of GBX 2.76. The stock has a market capitalization of £32.00 million, a P/E ratio of -36.61 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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