Cordoba Minerals (CVE:CDB) Trading Up 25% – Time to Buy?

Shares of Cordoba Minerals Corp. (CVE:CDBGet Free Report) traded up 25% on Saturday . The company traded as high as C$0.50 and last traded at C$0.45. 320,138 shares were traded during mid-day trading, an increase of 563% from the average session volume of 48,266 shares. The stock had previously closed at C$0.36.

Cordoba Minerals Price 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 company has a 50-day moving average price of C$0.36 and a 200-day moving average price of C$0.40. The firm has a market capitalization of C$40.09 million, a P/E ratio of -2.46 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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