Shares of Cora Gold Ltd (LON:CORA) shot up 14.7% on Wednesday . The stock traded as high as GBX 4.30 ($0.06) and last traded at GBX 4.30 ($0.06). 416,008 shares changed hands during trading, an increase of 643% from the average session volume of 55,988 shares. The stock had previously closed at GBX 3.75 ($0.05).
Separately, Shore Capital restated a “not rated” rating on shares of Cora Gold in a research report on Monday, March 18th.
The stock has a market capitalization of $4.17 million and a P/E ratio of 1.53.
About Cora Gold (LON:CORA)
Cora Gold Limited, together with its subsidiaries, engages in the exploration and development of mineral projects in West Africa. The company primarily explores for gold. Its flagship project is the Sanankoro property, which consists of four contiguous permits covering an area of approximately 320 square kilometers located in Koulikoro region in southwest Mali.
Recommended Story: Why is a lock-up period needed for an IPO?