Cora Gold Limited (DI) (CORA)

Sector:

Mining

Index:

FTSE AIM All-Share

6.13p
   
  • Change Today:
      0.25p
  • 52 Week High: 9.38
  • 52 Week Low: 2.85
  • Currency: UK Pounds
  • Shares Issued: 129.68m
  • Volume: 382,816
  • Market Cap: £7.94m
  • RiskGrade: 267

Cora Gold upbeat on latest work at Sanankoro

By Josh White

Date: Tuesday 19 Nov 2019

LONDON (ShareCast) - (Sharecast News) - West Africa-focussed gold exploration company Cora Gold updated the market on its latest work programme at the Sanankoro Gold Discovery in the Yanfolila Gold Belt of Southern Mali on Tuesday, reporting that its 5,000 metre drilling programme had started, with completion during the fourth quarter.
The AIM-traded firm said the programme was designed to further investigate the sulphide and deep oxide potential below known mineralisation at key prospects, and extend the existing and potential new shallow oxide targets.

It said its exploration team had been re-mobilised to Sanankoro over the last month, following the wet season, and added that the drilling to date had covered less than 25% of the exploration target area of between one and two million ounces.

"In what has been an excellent exploration year so far, with our objective of defining higher grade zones at Sanankoro having been met as well as good indicators now pointing to sulphide potential, we look forward to the final phase of exploration for 2019," said Cora Gold chief executive officer Jonathan Forster/

"With the objective of better understanding the potential beneath the base of the oxide mineralisation, and in addition starting to look to expansion of the oxide potential, we see the work as being likely to supplement the guidance on future development."

At 1126 GMT, shares in Cora Gold were down 2.67% at 5.48p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CORA Market Data

Currency UK Pounds
Share Price 6.13p
Change Today 0.25p
% Change 4.26 %
52 Week High 9.38
52 Week Low 2.85
Volume 382,816
Shares Issued 129.68m
Market Cap £7.94m
RiskGrade 267

CORA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
37.94% above the market average37.94% above the market average37.94% above the market average37.94% above the market average37.94% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Price Trend
54.58% below the market average54.58% below the market average54.58% below the market average54.58% below the market average54.58% below the market average
28% below the sector average28% below the sector average28% below the sector average28% below the sector average28% below the sector average
Income Not Available
Growth Not Available

CORA Dividends

No dividends found

Trades for 21-Feb-2020

Time Volume / Share Price
16:17 10,000 @ 6.00p
16:16 22,764 @ 6.24p
16:08 25,000 @ 6.00p
15:30 51,179 @ 6.03p
15:22 79,936 @ 6.25p

CORA Key Personnel

CEO Robert Monro
Chair Ed Bowie

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