Corsa Coal (CVE:CSO) Sets New 1-Year Low at $0.22

Corsa Coal Corp. (CVE:CSO)’s share price hit a new 52-week low on Tuesday . The stock traded as low as C$0.22 and last traded at C$0.23, with a volume of 117639 shares. The stock had previously closed at C$0.25.

Corsa Coal Stock Down 6.1 %

The company has a quick ratio of 0.82, a current ratio of 1.38 and a debt-to-equity ratio of 25.33. The firm has a market capitalization of C$23.87 million, a PE ratio of 0.75 and a beta of 1.62. The business has a 50-day moving average price of C$0.28 and a 200-day moving average price of C$0.32.

Corsa Coal (CVE:CSO) last issued its earnings results on Wednesday, May 29th. The company reported C($0.11) earnings per share (EPS) for the quarter. Corsa Coal had a net margin of 11.95% and a return on equity of 32.01%. The company had revenue of C$48.52 million during the quarter. Equities research analysts forecast that Corsa Coal Corp. will post 0.7455 earnings per share for the current fiscal year.

About Corsa Coal

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.