Cordoba Minerals (CVE:CDB) Shares Down 12.5% – What’s Next?

Shares of Cordoba Minerals Corp. (CVE:CDB) were down 12.5% on Tuesday . The company traded as low as C$0.35 and last traded at C$0.35. Approximately 117,500 shares were traded during trading, an increase of 480% from the average daily volume of 20,247 shares. The stock had previously closed at C$0.40.

Cordoba Minerals Stock Up 2.9 %

The stock has a market cap of C$32.37 million, a P/E ratio of -1.80 and a beta of 0.82. The company’s fifty day moving average price is C$0.40 and its 200-day moving average price is C$0.42. The company has a debt-to-equity ratio of 9.53, a quick ratio of 0.11 and a current ratio of 4.94.

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.