Colibri Resource (CVE:CBI) Sets New 12-Month Low – Time to Sell?

Shares of Colibri Resource Co. (CVE:CBIGet Free Report) reached a new 52-week low on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 4000 shares. The stock had previously closed at C$0.05.

Colibri Resource Stock Performance

The business has a fifty day moving average price of C$0.05 and a 200-day moving average price of C$0.05. The stock has a market capitalization of C$3.63 million, a P/E ratio of -2.25 and a beta of 1.12. The company has a quick ratio of 3.51, a current ratio of 0.47 and a debt-to-equity ratio of 52.61.

About Colibri Resource

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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.

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