Cora Gold (LON:CORA) Stock Price Down 2.4% – Time to Sell?

by · The Cerbat Gem

Shares of Cora Gold Limited (LON:CORA – Get Free Report) dropped 2.4% on Monday . The stock traded as low as GBX 9.50 and last traded at GBX 9.60. Approximately 373,319 shares were traded during trading, a decline of 42% from the average daily volume of 642,859 shares. The stock had previously closed at GBX 9.84.

Cora Gold Trading Down 7.7%

The company has a market capitalization of £68.85 million, a PE ratio of -31.03 and a beta of 0.94. The firm has a fifty day moving average of GBX 9.42 and a two-hundred day moving average of GBX 8.32.

About Cora Gold

(Get Free Report)

Cora Gold Ltd (AIM: CORA) is a gold developer 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.

The Company’s most advanced project is the Sanankoro Gold Project in the Yanfolila Gold Belt, south Mali, where a mine with low capital and operating costs based around high recovery, low strip ratio, free-digging oxide ore is approaching construction readiness.

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