Cordoba Minerals (CVE:CDB) Stock Price Up 25% – Time to Buy?

Cordoba Minerals Corp. (CVE:CDBGet Free Report) was up 25% on Friday . The stock traded as high as C$0.50 and last traded at C$0.45. Approximately 320,138 shares traded hands during trading, an increase of 565% from the average daily volume of 48,128 shares. The stock had previously closed at C$0.36.

Cordoba Minerals Stock Performance

The company has a debt-to-equity ratio of 27.84, a current ratio of 3.09 and a quick ratio of 0.11. The stock has a market capitalization of C$40.09 million, a P/E ratio of -2.46 and a beta of 0.82. The company has a 50 day simple moving average of C$0.36 and a 200-day simple moving average of C$0.40.

Cordoba Minerals Company Profile

(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.

Read More

Receive News & Ratings for Cordoba Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cordoba Minerals and related companies with MarketBeat.com's FREE daily email newsletter.