Colibri Resource (CVE:CBI) Sets New 52-Week Low – Here’s Why

Colibri Resource Co. (CVE:CBIGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The company 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 Price 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’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.05. The firm has a market capitalization of C$2.59 million, a price-to-earnings ratio of -1.00 and a beta of 1.12.

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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