Coral Gold Resources Ltd. (CVE:CLH) was down 2.7% during trading on Monday . The company traded as low as C$0.36 and last traded at C$0.36. Approximately 15,500 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 45,223 shares. The stock had previously closed at C$0.37.
The firm has a fifty day moving average of C$0.38. The company has a market capitalization of $17.17 million and a P/E ratio of 36.00.
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Coral Gold Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Nevada and California. It holds 100% interests in the Norma Sass property with 36 mining claims; the JDN Hilltop Crest with 27 claims; and the Eagle property with 45 claims located in Lander County, Nevada.
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