Camino Minerals (CVE:COR) Shares Up 5.9% – Time to Buy?

Camino Minerals Co. (CVE:COR)’s stock price shot up 5.9% during mid-day trading on Friday . The stock traded as high as C$0.38 and last traded at C$0.36. 34,568 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 36,748 shares. The stock had previously closed at C$0.34.

Camino Minerals Trading Up 5.9%

The company has a current ratio of 1.24, a quick ratio of 8.31 and a debt-to-equity ratio of 0.82. The company has a fifty day simple moving average of C$0.24 and a 200-day simple moving average of C$0.22. The company has a market capitalization of C$75.33 million, a PE ratio of -18.00 and a beta of 0.67.

Camino Minerals Company Profile

Camino Minerals Corporation, an exploration stage company, engages in the exploration and development of mineral properties primarily in Peru. The company explores for copper, gold, and silver deposits. It owns 100% interests in the Plata Dorada project, which consists of 6 claims totaling an area of 2,100 hectares located in the Department of Cuzco, Peru; the Maria Cecilia project covering an area of approximately 7,110 hectares located in the Cordillera Negra Mountain; and the Los Chapitos property comprises 12 claims that covers an area of 6,000 hectares located in department of Arequipa, Peru.