Colibri Resource (CVE:CBI) Sets New 12-Month Low – Here’s What Happened

Colibri Resource Co. (CVE:CBIGet Free Report) shares reached a new 52-week low on Thursday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 166500 shares trading hands. The stock had previously closed at C$0.03.

Colibri Resource Stock Performance

The company has a market capitalization of C$2.59 million, a P/E ratio of -1.50 and a beta of 1.12. The company has a debt-to-equity ratio of 52.61, a quick ratio of 3.51 and a current ratio of 0.47. The business’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05.

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.

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