Cordoba Minerals (CVE:CDB) Stock Price Up 33.3% - Here's Why

Cordoba Minerals Corp. (CVE:CDB - Get Free Report)'s share price traded up 33.3% during mid-day trading on Tuesday . The company traded as high as C$0.62 and last traded at C$0.60. 330,676 shares traded hands during 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 Trading Down 4.0 %

The firm's 50-day simple moving average is C$0.38 and its 200 day simple moving average is C$0.40. The stock has a market cap of C$42.76 million, a P/E ratio of -2.62 and a beta of 0.82. The company has a current ratio of 3.09, a quick ratio of 0.11 and a debt-to-equity ratio of 27.84.

About Cordoba Minerals

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.