Colibri Resource (CVE:CBI) Trading Down 3.8% – What’s Next?

Colibri Resource Co. (CVE:CBI)’s stock price traded down 3.8% on Friday . The company traded as low as C$0.13 and last traded at C$0.13. 207,250 shares traded hands during trading, an increase of 203% from the average session volume of 68,476 shares. The stock had previously closed at C$0.13.

Colibri Resource Price Performance

The stock has a market cap of C$2.89 million, a price-to-earnings ratio of -4.17 and a beta of 0.81. The company’s 50 day moving average is C$0.25 and its 200 day moving average is C$0.20. The company has a debt-to-equity ratio of 52.61, a current ratio of 0.47 and a quick ratio of 3.51.

About Colibri Resource

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. The company also owns the Plomo Gold Project that covers an area of 4,260 hectares located in the Caborca Gold Belt. Colibri Resource Corporation is headquartered in Dieppe, Canada.