Cora Gold (LON:CORA) Trading Down 10.3% – What’s Next?

Shares of Cora Gold Limited (LON:CORAGet Free Report) traded down 10.3% during mid-day trading on Tuesday . The company traded as low as GBX 6.50 ($0.09) and last traded at GBX 6.50 ($0.09). 532,686 shares traded hands during trading, a decline of 9% from the average session volume of 582,610 shares. The stock had previously closed at GBX 7.25 ($0.10).

Cora Gold Stock Performance

The company has a debt-to-equity ratio of 64.34, a quick ratio of 5.23 and a current ratio of 1.05. The stock has a market cap of £39.09 million, a P/E ratio of -44.72 and a beta of 0.46. The business’s 50-day moving average price is GBX 7.60 and its 200-day moving average price is GBX 4.70.

About Cora Gold

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Cora Gold is focused on delivering long-term value to shareholders through advancing proven gold deposits in West Africa towards production. Led by a team with a track record in making multi-million-ounce gold discoveries that have been developed into operating mines, the Company has two de-risked project areas within known gold belts in Mali and Senegal.

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