Corsa Coal (CVE:CSO) Stock Price Down 4.9%

Corsa Coal Corp. (CVE:CSOGet Free Report) traded down 4.9% on Wednesday . The stock traded as low as C$0.29 and last traded at C$0.29. 13,000 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 89,320 shares. The stock had previously closed at C$0.31.

Corsa Coal Stock Performance

The company has a debt-to-equity ratio of 33.17, a current ratio of 1.42 and a quick ratio of 0.82. The firm has a fifty day moving average price of C$0.37 and a two-hundred day moving average price of C$0.50. The stock has a market capitalization of C$30.09 million, a PE ratio of 1.81 and a beta of 1.75.

Corsa Coal (CVE:CSOGet Free Report) last issued its quarterly earnings results on Tuesday, March 12th. The company reported C($0.08) earnings per share for the quarter. Corsa Coal had a return on equity of 15.43% and a net margin of 6.76%. The business had revenue of C$58.27 million during the quarter. Research analysts expect that Corsa Coal Corp. will post 0.7455 EPS for the current year.

Corsa Coal Company Profile

(Get Free Report)

Corsa Coal Corp. mines, processes, and sells metallurgical coal. The company is also involved in the exploring, acquiring, and developing coal resource properties. It produces and sells 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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