Colibri Resource (CVE:CBI) Reaches New 1-Year Low – Here’s Why

Shares of Colibri Resource Co. (CVE:CBIGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 285721 shares trading hands. The stock had previously closed at C$0.04.

Colibri Resource Stock Performance

The stock has a market cap of C$3.11 million, a price-to-earnings ratio of -1.50 and a beta of 1.12. The business’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. The company has a quick ratio of 3.51, a current ratio of 0.47 and a debt-to-equity ratio of 52.61.

About Colibri Resource

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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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