Cora Gold (LON:CORA) Trading Down 24.3% – Here’s Why

Cora Gold Limited (LON:CORAGet Free Report)’s share price fell 24.3% during trading on Monday . The stock traded as low as GBX 6.25 and last traded at GBX 6.25. 851,727 shares were traded during trading, an increase of 89% from the average session volume of 451,200 shares. The stock had previously closed at GBX 8.26.

Cora Gold Stock Performance

The company has a market capitalization of £27.15 million, a PE ratio of -19.31 and a beta of 0.46. The company has a debt-to-equity ratio of 64.34, a quick ratio of 5.23 and a current ratio of 1.05. The company has a 50 day moving average price of GBX 9.19 and a 200 day moving average price of GBX 7.94.

Cora Gold Company Profile

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Cora Gold Ltd (AIM: CORA) is a gold developer 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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