Corsa Coal Corp. (CVE:CSO – Get Free Report)’s stock price traded down 7.1% on Wednesday . The stock traded as low as C$0.19 and last traded at C$0.20. 66,220 shares traded hands during mid-day trading, an increase of 9% from the average session volume of 60,883 shares. The stock had previously closed at C$0.21.
Corsa Coal Price Performance
The company has a debt-to-equity ratio of 30.87, a quick ratio of 0.82 and a current ratio of 0.70. The stock has a market capitalization of C$20.24 million, a price-to-earnings ratio of -2.79 and a beta of 1.57. The business’s 50 day simple moving average is C$0.24 and its 200-day simple moving average is C$0.24.
Corsa Coal Company Profile
Corsa Coal Corp. mines, processes, and sells metallurgical coal in the Asia, North America, South America, and Europe. The company is involved in the exploring, acquiring, and developing coal resource properties. Its flagship mine is the Casselman Mine property with approximately 6.2 million tons of clean coking coal located in the Maryland, United States.
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