Cora Gold (LON:CORA) Sets New 1-Year High – Time to Buy?

Cora Gold Limited (LON:CORAGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 5 ($0.06) and last traded at GBX 4.75 ($0.06), with a volume of 1699457 shares changing hands. The stock had previously closed at GBX 4.55 ($0.06).

Cora Gold Trading Up 4.4 %

The company’s 50-day moving average price is GBX 2.82 and its 200-day moving average price is GBX 2.58. The firm has a market cap of £26.88 million, a price-to-earnings ratio of -30.75 and a beta of 0.46. The company has a quick ratio of 5.23, a current ratio of 1.05 and a debt-to-equity ratio of 64.34.

Cora Gold Company Profile

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Cora Gold is 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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