Cora Gold (LON:CORA) Trading Down 2.4% – Here’s What Happened

Shares of Cora Gold Limited (LON:CORA) were down 2.4% during trading on Monday . The company traded as low as GBX 9.50 and last traded at GBX 9.60. Approximately 373,319 shares traded hands 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 Stock Down 2.4%

The stock has a market cap of £73.45 million, a PE ratio of -33.10 and a beta of 0.94. The business’s fifty day moving average is GBX 9.44 and its 200 day moving average is GBX 8.31.

About Cora Gold

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.