Libero Copper & Gold (CVE:LBC) Trading Down 2.2% – Here’s Why

Libero Copper & Gold Co. (CVE:LBC)’s stock price dropped 2.2% during trading on Friday . The company traded as low as C$0.23 and last traded at C$0.23. Approximately 23,000 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 322,327 shares. The stock had previously closed at C$0.23.

Libero Copper & Gold Stock Down 2.2%

The company has a market cap of C$13.06 million, a P/E ratio of -1.36 and a beta of 1.60. The company has a quick ratio of 1.39, a current ratio of 0.29 and a debt-to-equity ratio of 114.76. The business’s 50 day moving average is C$0.22 and its 200 day moving average is C$0.23.

Libero Copper & Gold Company Profile

Libero Copper & Gold Corporation engages in the acquisition, exploration, and development of mineral properties in Canada, the United States, Argentina, and Colombia. It explores for copper and gold deposits. The company owns 100% interest in the Mocoa porphyry copper-molybdenum deposit located in the Eastern Cordillera of Colombia. It also has an option to acquire a 100% interest in the Big Red porphyry copper-gold property comprising 20 contiguous claims covering an area of 26,000 hectares in northwestern British Columbia; and a 70% interest in the Esperanza Porphyry gold-copper project located in San Juan, Argentina.