Cora Gold Limited (LON:CORA – Get Free Report) passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of GBX 9.55 and traded as high as GBX 11. Cora Gold shares last traded at GBX 10.50, with a volume of 24,111 shares changing hands.
Cora Gold Stock Performance
The company’s fifty day moving average is GBX 10.56 and its two-hundred day moving average is GBX 9.55. The company has a market cap of £80.36 million, a price-to-earnings ratio of -31.82 and a beta of 0.87.
Cora Gold Company Profile
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.
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