CI Resources (ASX:CII) Stock Price Up 2.1%

Shares of CI Resources Limited (ASX:CII) rose 2.1% during mid-day trading on Wednesday . The stock traded as high as A$1.45 ($1.03) and last traded at A$1.45 ($1.03), approximately 42,000 shares traded hands during mid-day trading. The stock had previously closed at A$1.42 ($1.01).

The company has a debt-to-equity ratio of 0.02, a current ratio of 6.71 and a quick ratio of 4.92. The company has a fifty day moving average price of A$1.42. The stock has a market capitalization of $167.59 million and a PE ratio of 8.24.

CI Resources Company Profile (ASX:CII)

CI Resources Limited, together with its subsidiaries, engages in the mining, processing, and sale of phosphate rock, phosphate dust, and chalk in Australia. It operates through Mining and Farming segments. The company also provides earthmoving, fuel pilotage, maintenance, and stevedoring services to other organizations in Christmas Island; operates a palm oil estate; and processes and sells palm oil products.

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