Corridor Resources Inc. (TSE:CDH – Get Free Report)’s stock price fell 4.8% on Monday . The stock traded as low as C$1.35 and last traded at C$1.38. 103,002 shares traded hands during trading, a decline of 81% from the average session volume of 528,295 shares. The stock had previously closed at C$1.45.
Corridor Resources Price Performance
The firm has a market cap of C$121.64 million and a P/E ratio of 16.63. The company has a current ratio of 69.35, a quick ratio of 67.53 and a debt-to-equity ratio of 0.28. The business has a 50-day moving average price of C$1.38.
About Corridor Resources
Corridor Resources Inc, a junior resource company, explores for, develops, and produces petroleum and natural gas. The company explores for petroleum and natural gas onshore in New Brunswick and Québec; and offshore in the Gulf of St. Lawrence. Its principal properties include the McCully Field located to the northeast of Sussex, New Brunswick; the Frederick Brook Shale located in the Elgin sub-basin in southern New Brunswick; and the Old Harry prospect located in the Gulf of St.
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