Corsa Coal Corp. (CVE:CSO – Get Free Report) dropped 7.1% during mid-day trading on Wednesday . The stock traded as low as C$0.19 and last traded at C$0.20. Approximately 66,220 shares were traded during trading, an increase of 9% from the average daily volume of 60,883 shares. The stock had previously closed at C$0.21.
Corsa Coal Trading Up 11.6 %
The company has a debt-to-equity ratio of 30.87, a quick ratio of 0.82 and a current ratio of 0.70. The firm has a market capitalization of C$24.91 million, a price-to-earnings ratio of -3.43 and a beta of 1.57. The business has a fifty day moving average price of C$0.24 and a 200 day moving average price of C$0.24.
Corsa Coal Company Profile
Corsa Coal Corp. mines, processes, and sells metallurgical coal in the Asia, North America, South America, and Europe. The company is involved in the exploring, acquiring, and developing coal resource properties. Its flagship mine is the Casselman Mine property with approximately 6.2 million tons of clean coking coal located in the Maryland, United States.
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