Cora Gold (LON:CORA) Shares Up 5.9% – Here’s What Happened

Cora Gold Limited (LON:CORA) shares rose 5.9% on Tuesday . The stock traded as high as GBX 9 and last traded at GBX 9. Approximately 67,207 shares traded hands during trading, a decline of 84% from the average daily volume of 426,330 shares. The stock had previously closed at GBX 8.50.

Cora Gold Price Performance

The firm’s 50 day moving average is GBX 8.59 and its 200 day moving average is GBX 9.20. The company has a market cap of £68.88 million, a PE ratio of -30.00 and a beta of 0.92.

About Cora Gold

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.