Cordoba Minerals (CVE:CDB) Reaches New 52-Week Low – Here’s Why

Cordoba Minerals Corp. (CVE:CDB)’s stock price hit a new 52-week low on Thursday . The stock traded as low as C$0.35 and last traded at C$0.35, with a volume of 41500 shares trading hands. The stock had previously closed at C$0.35.

Cordoba Minerals Stock Down 1.4 %

The company has a debt-to-equity ratio of 27.84, a current ratio of 3.09 and a quick ratio of 0.11. The company has a market cap of C$30.74 million, a PE ratio of -1.88 and a beta of 0.82. The business’s 50 day moving average is C$0.38 and its 200-day moving average is C$0.40.

Cordoba Minerals Company Profile

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.