Libero Copper & Gold (CVE:LBC) Stock Price Down 2.2% – Here’s Why

Shares of Libero Copper & Gold Co. (CVE:LBC) were down 2.2% on Wednesday. The company traded as low as C$0.23 and last traded at C$0.23. 23,000 shares traded hands during trading, a decline of 93% from the average daily volume of 322,327 shares. The stock had previously closed at C$0.23.

Libero Copper & Gold Stock Performance

The stock has a market capitalization of C$13.06 million, a P/E ratio of -1.36 and a beta of 1.60. The company has a quick ratio of 1.39, a current ratio of 0.29 and a debt-to-equity ratio of 114.76. The company has a 50-day moving average price of C$0.22 and a two-hundred day moving average price of C$0.23.

Libero Copper & Gold Company Profile

Libero Copper & Gold Corporation engages in the acquisition, exploration, and development of mineral properties in Canada, the United States, Argentina, and Colombia. It explores for copper and gold deposits. The company owns 100% interest in the Mocoa porphyry copper-molybdenum deposit located in the Eastern Cordillera of Colombia. It also has an option to acquire a 100% interest in the Big Red porphyry copper-gold property comprising 20 contiguous claims covering an area of 26,000 hectares in northwestern British Columbia; and a 70% interest in the Esperanza Porphyry gold-copper project located in San Juan, Argentina.