Corsa Coal (CVE:CSO) Hits New 1-Year Low at $0.50

Corsa Coal Corp (CVE:CSO)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.50 and last traded at C$0.51, with a volume of 2260 shares traded. The stock had previously closed at C$0.50.

The company has a debt-to-equity ratio of 20.87, a quick ratio of 0.72 and a current ratio of 1.15. The stock has a market capitalization of $48.33 million and a price-to-earnings ratio of 4.32. The business has a fifty day simple moving average of C$0.59 and a 200 day simple moving average of C$0.74.

About Corsa Coal (CVE:CSO)

Corsa Coal Corp. engages in mining, processing, and selling metallurgical coal; and exploring, acquiring, and developing resource properties. The company produces and sells a metallurgical coal used for the production of coke from its mines in the Northern Appalachia coal region of the United States.

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