Cordoba Minerals (CVE:CDB) Trading 33.3% Higher - Here's What Happened

Cordoba Minerals Corp. (CVE:CDB - Get Free Report)'s stock price was 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. Approximately 330,676 shares changed hands during 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 Stock Performance

The firm has a market cap of C$42.76 million, a price-to-earnings ratio of -2.62 and a beta of 0.82. The stock has a 50-day moving average of C$0.38 and a 200-day moving average of C$0.40. The company has a debt-to-equity ratio of 27.84, a quick ratio of 0.11 and a current ratio of 3.09.

Cordoba Minerals Company Profile

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.