Coro Mining (TSE:COP) Trading 20% Higher – Here’s Why

Shares of Coro Mining Corp (TSE:COPGet Free Report) traded up 20% on Monday . The company traded as high as C$1.75 and last traded at C$1.50. 84,487 shares traded hands during trading, a decline of 70% from the average session volume of 281,373 shares. The stock had previously closed at C$1.25.

Coro Mining Stock Performance

The firm has a market cap of C$2.41 billion and a PE ratio of -150.00. The company has a current ratio of 0.50, a quick ratio of 0.47 and a debt-to-equity ratio of 58.60. The stock’s 50-day simple moving average is C$0.84.

About Coro Mining

(Get Free Report)

Coro Mining Corp. engages in the acquisition, exploration, and exploitation of mineral properties and projects located in Latin America. It explores for copper, iron ore, gold, and other base and precious metals. The company principally holds 51% interests in Marimaca copper oxide project located in the Antofagasta Region of northern Chile.

Recommended Stories

Receive News & Ratings for Coro Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coro Mining and related companies with MarketBeat.com's FREE daily email newsletter.