Colorado Resources (CVE:CXO) Trading Up 10%
Colorado Resources Ltd (CVE:CXO)’s stock price was up 10% during mid-day trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06, approximately 1,722,000 shares traded hands during mid-day trading. An increase of 634% from the average daily volume of 234,531 shares. The stock had previously closed at C$0.05.
The stock has a market cap of $8.12 million and a P/E ratio of -7.14. The company has a debt-to-equity ratio of 3.76, a quick ratio of 0.28 and a current ratio of 0.29. The business has a 50 day simple moving average of C$0.07 and a 200-day simple moving average of C$0.08.
About Colorado Resources (CVE:CXO)
Colorado Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for gold, silver, and copper deposits. The company's principal assets include the North ROK, Hit, Kinaskan-Castle, KSP, and KingPin properties located in British Columbia.
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