Cordoba Minerals (CVE:CDB) Trading Down 7.7% – What’s Next?

Cordoba Minerals Corp. (CVE:CDB) shares traded down 7.7% during mid-day trading on Thursday . The stock traded as low as C$0.26 and last traded at C$0.30. 165,000 shares were traded during mid-day trading, an increase of 343% from the average session volume of 37,243 shares. The stock had previously closed at C$0.33.

Cordoba Minerals Stock Performance

The company has a market capitalization of C$25.84 million, a P/E ratio of -1.58 and a beta of 0.82. The stock’s 50-day moving average price is C$0.37 and its 200-day moving average price is C$0.40. The company has a current ratio of 3.09, a quick ratio of 0.11 and a debt-to-equity ratio of 27.84.

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.