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

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

Colibri Resource Price Performance

The company has a debt-to-equity ratio of 52.61, a quick ratio of 3.51 and a current ratio of 0.47. The business’s 50 day simple moving average is C$0.10 and its 200-day simple moving average is C$0.17. The stock has a market capitalization of C$4.24 million, a price-to-earnings ratio of -2.30 and a beta of 1.40.

About Colibri Resource

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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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