Cameo Cobalt (CVE:CRU) Trading Down 20% – What’s Next?

Cameo Cobalt Corp (CVE:CRUGet Free Report)’s stock price traded down 20% during trading on Monday . The company traded as low as C$0.20 and last traded at C$0.20. 10,200 shares were traded during mid-day trading, a decline of 98% from the average session volume of 421,621 shares. The stock had previously closed at C$0.25.

Cameo Cobalt Stock Performance

The company has a debt-to-equity ratio of 3.85, a quick ratio of 0.02 and a current ratio of 0.10. The firm has a market cap of C$2.13 million and a P/E ratio of -1.75. The business’s 50-day simple moving average is C$0.05 and its 200 day simple moving average is C$0.09.

Cameo Cobalt Company Profile

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Cameo Cobalt Corp., an exploration stage company, engages in the exploration of mineral properties in Chile. Its flagship project, the Carrizal Alto cobalt property covering an area of 456 hectares located in Carrizal Alto district. The company was founded in 1987 and is based in Vancouver, Canada.

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