Cora Gold (LON:CORA) Stock Price Up 9.4% – Still a Buy?

Cora Gold Limited (LON:CORAGet Free Report) shares were up 9.4% during mid-day trading on Thursday . The company traded as high as GBX 6 and last traded at GBX 5.74. Approximately 496,797 shares were traded during mid-day trading, an increase of 5% from the average daily volume of 473,288 shares. The stock had previously closed at GBX 5.25.

Cora Gold Trading Up 18.1%

The firm has a market cap of £30.05 million, a price-to-earnings ratio of -21.37 and a beta of 0.46. The firm’s 50-day moving average is GBX 8.34 and its 200-day moving average is GBX 7.75. The company has a current ratio of 1.05, a quick ratio of 5.23 and a debt-to-equity ratio of 64.34.

About Cora Gold

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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.

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