Cordoba Minerals (CVE:CDB) Trading Down 1.2% – Time to Sell?

Cordoba Minerals Corp. (CVE:CDB)’s stock price was down 1.2% during mid-day trading on Monday . The company traded as low as C$0.40 and last traded at C$0.40. Approximately 1,500 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 7,068 shares. The stock had previously closed at C$0.41.

Cordoba Minerals Stock Performance

The stock has a market capitalization of C$35.97 million, a P/E ratio of -2.00 and a beta of 0.82. The company has a fifty day moving average of C$0.40 and a two-hundred day moving average of C$0.42. The company has a debt-to-equity ratio of 9.53, a current ratio of 4.94 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.