Colibri Resource (CVE:CBI) Hits New 1-Year Low – Here’s Why

Shares of Colibri Resource Co. (CVE:CBIGet Free Report) hit a new 52-week low on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 17968 shares trading hands. The stock had previously closed at C$0.03.

Colibri Resource Stock Performance

The company has a debt-to-equity ratio of 52.61, a current ratio of 0.47 and a quick ratio of 3.51. The stock has a market cap of C$2.59 million, a PE ratio of -1.25 and a beta of 1.12. The business has a 50 day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04.

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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