Cordoba Minerals (CVE:CDB) Trading 38.9% Higher – Here’s Why

Cordoba Minerals Corp. (CVE:CDB)’s stock price traded up 38.9% during trading on Friday . The stock traded as high as C$0.50 and last traded at C$0.50. 131,638 shares were traded during trading, an increase of 215% from the average session volume of 41,766 shares. The stock had previously closed at C$0.36.

Cordoba Minerals Trading Up 25.0 %

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 firm’s 50 day moving average price is C$0.36 and its 200 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.

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.