Colibri Resource (CVE:CBI) Reaches New 52-Week Low – What’s Next?

Colibri Resource Co. (CVE:CBI)’s share price hit a new 52-week low on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 67492 shares. The stock had previously closed at C$0.03.

Colibri Resource Price Performance

The stock has a market cap of C$2.08 million, a P/E ratio of -1.00 and a beta of 1.12. The business has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.04. The company has a current ratio of 0.47, a quick ratio of 3.51 and a debt-to-equity ratio of 52.61.

About Colibri Resource

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.