Camino Minerals (CVE:COR) Shares Up 6.4% - Here's What Happened

Key Points

• Camino Minerals shares rose by 6.4%, reaching a high of C$0.26 before closing at C$0.25, amid a slight decline in trading volume.
• The company's market capitalization is approximately C$52.31 million, with a negative price-to-earnings ratio of -12.50.
• Camino Minerals focuses on exploring mineral properties in Peru, primarily for copper, gold, and silver deposits.

Camino Minerals Co. (CVE:COR - ) shot up 6.4% during trading on Monday . The company traded as high as C$0.26 and last traded at C$0.25. 40,000 shares changed hands during mid-day trading, a decline of 2% from the average session volume of 40,942 shares. The stock had previously closed at C$0.24.

Camino Minerals Price Performance

The stock's 50-day moving average price is C$0.26 and its 200 day moving average price is C$0.25. The firm has a market capitalization of C$52.31 million, a price-to-earnings ratio of -12.50 and a beta of 0.67. The company has a quick ratio of 8.31, a current ratio of 1.24 and a debt-to-equity ratio of 0.82.

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.

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