Colibri Resource (CVE:CBI) Hits New 52-Week Low – Time to Sell?

Colibri Resource Co. (CVE:CBIGet Free Report)’s share price hit a new 52-week low on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 285721 shares traded. The stock had previously closed at C$0.04.

Colibri Resource Stock Down 28.6 %

The company has a market cap of C$2.59 million, a P/E ratio of -1.75 and a beta of 1.12. The stock’s 50-day moving average price is C$0.05 and its 200-day moving average price is C$0.05. The company has a current ratio of 0.47, a quick ratio of 3.51 and a debt-to-equity ratio of 52.61.

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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