Colibri Resource (CVE:CBI) Reaches New 1-Year Low – What’s Next?

Colibri Resource Co. (CVE:CBIGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.05, with a volume of 12000 shares changing hands. The stock had previously closed at C$0.05.

Colibri Resource Stock Performance

The stock’s fifty day simple moving average is C$0.05 and its 200-day simple moving average is C$0.05. The company has a market capitalization of C$4.67 million, a PE ratio of -2.25 and a beta of 1.15. The company has a quick ratio of 3.51, a current ratio of 0.47 and a debt-to-equity ratio of 52.61.

Colibri Resource Company Profile

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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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