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

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

Cordoba Minerals Price Performance

The company has a current ratio of 3.09, a quick ratio of 0.11 and a debt-to-equity ratio of 27.84. The stock has a market cap of C$40.09 million, a price-to-earnings ratio of -2.46 and a beta of 0.82. The stock has a 50-day moving average price of C$0.36 and a two-hundred day moving average price 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.

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