Cordoba Minerals (CVE:CDB) Trading 33.3% Higher – Still a Buy?

Shares of Cordoba Minerals Corp. (CVE:CDB) traded up 33.3% on Tuesday . The stock traded as high as C$0.62 and last traded at C$0.60. 330,676 shares were traded during mid-day trading, an increase of 473% from the average session volume of 57,679 shares. The stock had previously closed at C$0.45.

Cordoba Minerals Stock Performance

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 firm has a market cap of C$53.45 million, a P/E ratio of -3.28 and a beta of 0.82. The business has a fifty day simple moving average of C$0.37 and a 200-day simple moving average of C$0.40.

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.