Cora Gold (LON:CORA) Hits New 52-Week High – Should You Buy?

Cora Gold Limited (LON:CORAGet Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 5 ($0.07) and last traded at GBX 4.75 ($0.06), with a volume of 1699457 shares trading hands. The stock had previously closed at GBX 4.55 ($0.06).

Cora Gold Price Performance

The stock has a market capitalization of £35.37 million, a PE ratio of -40.46 and a beta of 0.46. The company has a debt-to-equity ratio of 64.34, a current ratio of 1.05 and a quick ratio of 5.23. The firm’s 50 day simple moving average is GBX 2.91 and its 200 day simple moving average is GBX 2.63.

Cora Gold Company Profile

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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.

Further Reading

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