Camino Minerals (CVE:COR) Shares Up 7.8% – Still a Buy?

Camino Minerals Co. (CVE:COR) shares were up 7.8% during mid-day trading on Monday . The stock traded as high as C$0.55 and last traded at C$0.55. Approximately 19,720 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 61,077 shares. The stock had previously closed at C$0.51.

Camino Minerals Stock Up 7.8%

The company has a debt-to-equity ratio of 0.82, a quick ratio of 8.31 and a current ratio of 1.24. The firm has a market cap of C$49.10 million, a price-to-earnings ratio of 13.75 and a beta of 1.87. The firm has a 50-day moving average price of C$0.71 and a two-hundred day moving average price of C$0.55.

Camino Minerals Company Profile

Camino Minerals Corporation, an exploration stage company, engages in the exploration and development of mineral properties primarily in Peru. The company explores for copper, gold, and silver deposits. It owns 100% interests in the Plata Dorada project, which consists of 6 claims totaling an area of 2,100 hectares located in the Department of Cuzco, Peru; the Maria Cecilia project covering an area of approximately 7,110 hectares located in the Cordillera Negra Mountain; and the Los Chapitos property comprises 12 claims that covers an area of 6,000 hectares located in department of Arequipa, Peru.