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Cordoba Minerals (CVE:CDB) Stock Price Up 33.3% - Time to Buy?

Cordoba Minerals logo with Basic Materials background
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Cordoba Minerals Corp. (CVE:CDB - Get Free Report) was up 33.3% on Tuesday . The stock traded as high as C$0.62 and last traded at C$0.60. Approximately 330,676 shares changed hands during mid-day trading, an increase of 473% from the average daily volume of 57,679 shares. The stock had previously closed at C$0.45.

Cordoba Minerals Trading Down 4.0 %

The stock has a market capitalization 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. The business has a 50-day moving average price of C$0.38 and a two-hundred day moving average price of C$0.40.

Cordoba Minerals Company Profile

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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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