Cordoba Minerals (CVE:CDB) Stock Price Up 33.3% – Still a Buy?

Cordoba Minerals Corp. (CVE:CDBGet Free Report) shares traded up 33.3% during trading on Monday . The stock traded as high as C$0.62 and last traded at C$0.60. 330,676 shares changed hands during mid-day trading, an increase of 473% from the average session volume of 57,679 shares. The stock had previously closed at C$0.45.

Cordoba Minerals Stock Performance

The company has a debt-to-equity ratio of 27.84, a quick ratio of 0.11 and a current ratio of 3.09. The stock’s 50-day simple moving average is C$0.37 and its two-hundred day simple moving average is C$0.40. The stock has a market cap of C$53.45 million, a price-to-earnings ratio of -3.28 and a beta of 0.82.

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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