Cora Gold (LON:CORA) Shares Up 15.4% – Should You Buy?

Cora Gold Limited (LON:CORAGet Free Report) shot up 15.4% on Thursday . The stock traded as high as GBX 6 ($0.08) and last traded at GBX 6 ($0.08). 2,793,280 shares were traded during trading, an increase of 353% from the average session volume of 616,423 shares. The stock had previously closed at GBX 5.20 ($0.07).

Cora Gold Price Performance

The business has a 50-day moving average of GBX 3.14 and a two-hundred day moving average of GBX 2.71. The company has a current ratio of 1.05, a quick ratio of 5.23 and a debt-to-equity ratio of 64.34. The firm has a market cap of £37.66 million, a P/E ratio of -43.08 and a beta of 0.46.

About Cora Gold

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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.

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