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Cordoba Minerals (CVE:CDB) Shares 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) shares rose 33.3% on Monday . The stock 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 Stock Down 4.0 %

The stock has a market cap of C$42.76 million, a price-to-earnings ratio of -2.62 and a beta of 0.82. The firm's fifty day moving average price is C$0.37 and its two-hundred day moving average price is C$0.40. The company has a debt-to-equity ratio of 27.84, a current ratio of 3.09 and a quick ratio of 0.11.

About Cordoba Minerals

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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.

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