Colibri Resource (CVE:CBI) Hits New 52-Week Low – Time to Sell?

Colibri Resource Co. (CVE:CBIGet Free Report)’s share price hit a new 52-week low on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 95030 shares. The stock had previously closed at C$0.03.

Colibri Resource Price Performance

The company has a debt-to-equity ratio of 52.61, a current ratio of 0.47 and a quick ratio of 3.51. The company’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.05. The stock has a market capitalization of C$3.11 million, a P/E ratio of -1.50 and a beta of 1.12.

Colibri Resource Company Profile

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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.

Further Reading

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