Cora Gold (LON:CORA) Shares Down 12.3% – What’s Next?

Cora Gold Limited (LON:CORAGet Free Report) dropped 12.3% during mid-day trading on Wednesday . The stock traded as low as GBX 8.50 ($0.12) and last traded at GBX 8.51 ($0.12). Approximately 96,829 shares were traded during trading, a decline of 79% from the average daily volume of 459,359 shares. The stock had previously closed at GBX 9.70 ($0.13).

Cora Gold Trading Up 5.6%

The firm’s 50-day simple moving average is GBX 7.17 and its 200-day simple moving average is GBX 6.82. The company has a quick ratio of 5.23, a current ratio of 1.05 and a debt-to-equity ratio of 64.34. The firm has a market capitalization of £46.06 million, a PE ratio of -3,275.86 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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