Libero Copper & Gold (CVE:LBC) Stock Price Down 2.2% – Here’s Why

Libero Copper & Gold Co. (CVE:LBC) was down 2.2% during mid-day trading on Thursday . The company traded as low as C$0.23 and last traded at C$0.23. Approximately 23,000 shares were traded during trading, a decline of 93% from the average daily volume of 322,327 shares. The stock had previously closed at C$0.23.

Libero Copper & Gold Price Performance

The company has a debt-to-equity ratio of 114.76, a current ratio of 0.29 and a quick ratio of 1.39. The business’s 50 day moving average price is C$0.22 and its 200 day moving average price is C$0.23. The stock has a market capitalization of C$13.06 million, a P/E ratio of -1.36 and a beta of 1.60.

About Libero Copper & Gold

Libero Copper & Gold Corporation engages in the acquisition, exploration, and development of mineral properties in Canada, the United States, Argentina, and Colombia. It explores for copper and gold deposits. The company owns 100% interest in the Mocoa porphyry copper-molybdenum deposit located in the Eastern Cordillera of Colombia. It also has an option to acquire a 100% interest in the Big Red porphyry copper-gold property comprising 20 contiguous claims covering an area of 26,000 hectares in northwestern British Columbia; and a 70% interest in the Esperanza Porphyry gold-copper project located in San Juan, Argentina.