Colorado Resources (CXO) Getting Somewhat Favorable Media Coverage, Study Shows

Press coverage about Colorado Resources (CVE:CXO) has trended somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than 6,000 blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Colorado Resources earned a media sentiment score of 1.83 on their scale. InfoTrie also assigned media coverage about the company an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock’s share price in the near future.

Shares of CVE:CXO traded up C$0.01 during midday trading on Tuesday, hitting C$0.07. 253,500 shares of the company’s stock traded hands, compared to its average volume of 207,919. The company has a current ratio of 0.53, a quick ratio of 0.51 and a debt-to-equity ratio of 2.22. The firm has a market capitalization of $7.49 million and a price-to-earnings ratio of -1.89. Colorado Resources has a twelve month low of C$0.05 and a twelve month high of C$0.19.

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Colorado Resources Company Profile

Colorado Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for gold, silver, and copper deposits. The company's principal assets include the North ROK, Hit, Kinaskan-Castle, KSP, and KingPin properties located in British Columbia.

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