Camino Minerals (CVE:COR) Stock Price Down 3.4% – Time to Sell?

Shares of Camino Minerals Co. (CVE:COR) dropped 3.4% during mid-day trading on Wednesday . The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 2,500 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 36,049 shares. The stock had previously closed at C$0.29.

Camino Minerals Stock Down 3.7 %

The company has a market cap of C$54.41 million, a price-to-earnings ratio of -13.00 and a beta of 0.67. The company has a current ratio of 1.24, a quick ratio of 8.31 and a debt-to-equity ratio of 0.82. The firm’s fifty day moving average price is C$0.25 and its 200-day moving average price is C$0.11.

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.