Colibri Resource (CVE:CBI) Sets New 52-Week Low – Should You Sell?

Colibri Resource Co. (CVE:CBIGet Free Report) shares reached 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 traded. The stock had previously closed at C$0.03.

Colibri Resource Trading Up 20.0 %

The company’s fifty day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.05. 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 market capitalization of C$3.11 million, a price-to-earnings ratio of -1.50 and a beta of 1.12.

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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