Colibri Resource (CVE:CBI) Sets New 1-Year Low – Should You Sell?

Colibri Resource Co. (CVE:CBIGet Free Report) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 95030 shares trading hands. The stock had previously closed at C$0.03.

Colibri Resource Stock Performance

The stock’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.05. The stock has a market capitalization of C$2.59 million, a price-to-earnings ratio of -1.50 and a beta of 1.12. 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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