Corsa Coal (CVE:CSO) Reaches New 52-Week Low at $0.18

Corsa Coal Corp. (CVE:CSOGet Free Report)’s share price hit a new 52-week low on Monday . The company traded as low as C$0.18 and last traded at C$0.18, with a volume of 19550 shares changing hands. The stock had previously closed at C$0.18.

Corsa Coal Stock Down 5.6 %

The stock has a market cap of C$17.65 million, a P/E ratio of -2.57 and a beta of 1.57. The company has a debt-to-equity ratio of 30.87, a quick ratio of 0.82 and a current ratio of 0.70. The firm’s 50-day moving average is C$0.23 and its two-hundred day moving average is C$0.28.

Corsa Coal (CVE:CSOGet Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The company reported C($0.12) earnings per share (EPS) for the quarter. The firm had revenue of C$50.30 million for the quarter. Corsa Coal had a negative net margin of 2.43% and a negative return on equity of 5.79%. On average, equities research analysts anticipate that Corsa Coal Corp. will post 0.7455 earnings per share for the current year.

Corsa Coal Company Profile

(Get Free Report)

Corsa Coal Corp. mines, processes, and sells metallurgical coal in the Asia, North America, South America, and Europe. The company is involved in the exploring, acquiring, and developing coal resource properties. Its flagship mine is the Casselman Mine property with approximately 6.2 million tons of clean coking coal located in the Maryland, United States.

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