Coro Mining (TSE:COP) Trading Down 10%

Coro Mining Corp (TSE:COP) dropped 10% on Thursday . The company traded as low as C$0.09 and last traded at C$0.09, approximately 524,600 shares were traded during mid-day trading. An increase of 77% from the average daily volume of 297,215 shares. The stock had previously closed at C$0.10.

The company has a market capitalization of $145.54 million and a P/E ratio of -4.35. The company has a debt-to-equity ratio of 71.17, a current ratio of 0.68 and a quick ratio of 0.62. The firm has a 50 day moving average price of C$0.10.

About Coro Mining (TSE:COP)

Coro Mining Corp. engages in the acquisition, exploration, and exploitation of mineral properties and projects located in Latin America. It explores for copper, iron ore, gold, and other base and precious metals. The company principally holds 51% interests in Marimaca copper oxide project located in the Antofagasta Region of northern Chile.

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