Cora Gold (LON:CORA) Hits New 1-Year High – Should You Buy?

Cora Gold Limited (LON:CORAGet Free Report) shares reached a new 52-week high on Monday . The stock traded as high as GBX 9 ($0.12) and last traded at GBX 8.40 ($0.11), with a volume of 970894 shares changing hands. The stock had previously closed at GBX 9 ($0.12).

Cora Gold Trading Down 6.6%

The company has a quick ratio of 5.23, a current ratio of 1.05 and a debt-to-equity ratio of 64.34. The stock has a market capitalization of £47.53 million, a P/E ratio of -54.38 and a beta of 0.46. The firm’s 50 day simple moving average is GBX 6.30 and its two-hundred day simple moving average is GBX 3.90.

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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