Camino Minerals (CVE:COR) Shares Down 5.1% – Here’s What Happened

Camino Minerals Co. (CVE:COR) was down 5.1% during mid-day trading on Wednesday . The stock traded as low as C$0.51 and last traded at C$0.56. Approximately 23,945 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 53,402 shares. The stock had previously closed at C$0.59.

Camino Minerals Stock Performance

The firm’s fifty day moving average price is C$0.62 and its 200-day moving average price is C$0.58. The company has a market cap of C$46.42 million, a P/E ratio of 26.00 and a beta of 1.87. The company has a current ratio of 1.24, a quick ratio of 8.31 and a debt-to-equity ratio of 0.82.

Camino Minerals Company Profile

Camino Minerals Corporation, an exploration stage company, engages in the exploration and development of mineral properties primarily in Peru. The company explores for copper, gold, and silver deposits. It owns 100% interests in the Plata Dorada project, which consists of 6 claims totaling an area of 2,100 hectares located in the Department of Cuzco, Peru; the Maria Cecilia project covering an area of approximately 7,110 hectares located in the Cordillera Negra Mountain; and the Los Chapitos property comprises 12 claims that covers an area of 6,000 hectares located in department of Arequipa, Peru.