Colibri Resource (CVE:CBI) Trading Up 21.1% – Here’s What Happened

Colibri Resource Co. (CVE:CBIGet Free Report)’s share price traded up 21.1% during mid-day trading on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. 217,150 shares were traded during trading, an increase of 220% from the average session volume of 67,761 shares. The stock had previously closed at C$0.10.

Colibri Resource Trading Up 21.1%

The business’s fifty day simple moving average is C$0.10 and its 200 day simple moving average is C$0.17. The company has a current ratio of 0.47, a quick ratio of 3.51 and a debt-to-equity ratio of 52.61. The stock has a market cap of C$4.24 million, a P/E ratio of -2.30 and a beta of 1.40.

Colibri Resource Company Profile

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Colibri Resource Corporation, a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico. The company explores for gold, silver, copper, molybdenum, and other metal deposits. Its flagship property is its 100% owned Evelyn gold project that covers an area of 506 hectares located in the State of Sonora, Mexico. The company also owns the Plomo Gold Project that covers an area of 4,260 hectares located in the Caborca Gold Belt. Colibri Resource Corporation is headquartered in Dieppe, Canada.

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