Shares of Corridor Resources Inc. (TSE:CDH – Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$1.38 and traded as high as C$1.44. Corridor Resources shares last traded at C$1.38, with a volume of 103,002 shares changing hands.
Corridor Resources Stock Performance
The company has a current ratio of 69.35, a quick ratio of 67.53 and a debt-to-equity ratio of 0.28. The company has a market cap of C$121.64 million and a price-to-earnings ratio of 16.63. The business has a 50 day moving average price of C$1.38.
About Corridor Resources
Corridor Resources Inc, a junior resource company, explores for, develops, and produces petroleum and natural gas. The company explores for petroleum and natural gas onshore in New Brunswick and Québec; and offshore in the Gulf of St. Lawrence. Its principal properties include the McCully Field located to the northeast of Sussex, New Brunswick; the Frederick Brook Shale located in the Elgin sub-basin in southern New Brunswick; and the Old Harry prospect located in the Gulf of St.
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