Cora Gold (LON:CORA) Shares Up 27.8% – Still a Buy?

Cora Gold Limited (LON:CORAGet Free Report) shares were up 27.8% on Friday . The stock traded as high as GBX 2.94 ($0.04) and last traded at GBX 2.94 ($0.04). Approximately 498,161 shares traded hands during trading, an increase of 54% from the average daily volume of 324,035 shares. The stock had previously closed at GBX 2.30 ($0.03).

Cora Gold Stock Up 6.6 %

The firm has a market cap of £11.09 million, a price-to-earnings ratio of -140.00 and a beta of 0.46. The firm’s 50 day moving average price is GBX 2.41 and its two-hundred day moving average price is GBX 2.22. The company has a debt-to-equity ratio of 64.34, a current ratio of 7.34 and a quick ratio of 5.23.

About Cora Gold

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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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