Cordoba Minerals (CVE:CDB) Shares Up 5% – Still a Buy?

Cordoba Minerals Corp. (CVE:CDBGet Free Report) rose 5% during trading on Thursday . The stock traded as high as C$0.42 and last traded at C$0.42. Approximately 1,500 shares were traded during trading, a decline of 91% from the average daily volume of 17,599 shares. The stock had previously closed at C$0.40.

Cordoba Minerals Price Performance

The stock’s 50-day simple moving average is C$0.43 and its two-hundred day simple moving average is C$0.44. The firm has a market cap of C$37.77 million, a P/E ratio of -2.10 and a beta of 0.82. The company has a debt-to-equity ratio of 9.53, a current ratio of 4.94 and a quick ratio of 0.11.

About Cordoba Minerals

(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.

Further Reading

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