Colibri Resource (CVE:CBI) Trading Down 3.8% – What’s Next?

Colibri Resource Co. (CVE:CBIGet Free Report)’s stock price was down 3.8% during mid-day trading on Friday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 207,250 shares changed hands during trading, an increase of 203% from the average daily volume of 68,476 shares. The stock had previously closed at C$0.13.

Colibri Resource Stock Performance

The company has a market capitalization of C$3.23 million, a PE ratio of -4.67 and a beta of 0.15. The company has a quick ratio of 3.51, a current ratio of 0.47 and a debt-to-equity ratio of 52.61. The company has a 50-day moving average price of C$0.25 and a two-hundred day moving average price of C$0.20.

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.

Read More

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.