Cordoba Minerals (CVE:CDB) Share Price Crosses Below 50-Day Moving Average of $0.43

Cordoba Minerals Corp. (CVE:CDBGet Free Report)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.43 and traded as low as C$0.40. Cordoba Minerals shares last traded at C$0.42, with a volume of 6,000 shares changing hands.

Cordoba Minerals Price Performance

The firm has a market cap of C$37.32 million, a P/E ratio of -2.08 and a beta of 0.79. The company has a fifty day moving average of C$0.43 and a 200-day moving average of C$0.44. The company has a debt-to-equity ratio of 9.53, a current ratio of 4.94 and a quick ratio of 0.11.

Cordoba Minerals Company Profile

(Get Free Report)

Cordoba Minerals Corp., a mineral exploration company, engages in the acquisition, exploration, evaluation, and development of base and precious metal properties in Colombia and the United States. The company explores for copper, silver, and gold deposits. It primarily holds a 100% interest in the San Matias project with exploration licenses covering 146.62 square kilometers and has an additional 893.91 square kilometers of mining titles under application located in the municipality of Puerto Libertador, Department of Cordoba, Colombia.

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