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Cordoba Minerals (CVE:CDB) Sets New 52-Week High - Time to Buy?

Cordoba Minerals logo with Basic Materials background

Cordoba Minerals Corp. (CVE:CDB - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$0.66 and last traded at C$0.66, with a volume of 45000 shares. The stock had previously closed at C$0.59.

Cordoba Minerals Trading Up 3.4 %

The stock's fifty day simple moving average is C$0.42 and its two-hundred day simple moving average is C$0.41. The firm has a market cap of C$54.35 million, a PE ratio of -3.33 and a beta of 0.82. The company has a quick ratio of 0.11, a current ratio of 3.09 and a debt-to-equity ratio of 27.84.

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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