Cora Gold (LON:CORA) Trading Up 15.4% – Should You Buy?

Cora Gold Limited (LON:CORAGet Free Report) shares were up 15.4% on Thursday . The stock traded as high as GBX 6 ($0.08) and last traded at GBX 6 ($0.08). Approximately 2,793,280 shares were traded during mid-day trading, an increase of 353% from the average daily volume of 616,423 shares. The stock had previously closed at GBX 5.20 ($0.07).

Cora Gold Trading Up 20.2 %

The company’s fifty day moving average price is GBX 2.91 and its two-hundred day moving average price is GBX 2.63. The company has a current ratio of 1.05, a quick ratio of 5.23 and a debt-to-equity ratio of 64.34. The firm has a market cap of £35.37 million, a P/E ratio of -40.46 and a beta of 0.46.

About Cora Gold

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Cora Gold is focused on delivering long-term value to shareholders through advancing proven gold deposits in West Africa towards production. Led by a team with a track record in making multi-million-ounce gold discoveries that have been developed into operating mines, the Company has two de-risked project areas within known gold belts in Mali and Senegal.

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