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Cordoba Minerals (CVE:CDB) Trading Up 33.3% - What's Next?

Cordoba Minerals logo with Basic Materials background
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Cordoba Minerals Corp. (CVE:CDB - Get Free Report)'s share price rose 33.3% during mid-day trading on Monday . The company traded as high as C$0.62 and last traded at C$0.60. Approximately 330,676 shares traded 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 Price Performance

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

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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