Cordoba Minerals (CVE:CDB) Shares Up 33.3% – What’s Next?

Cordoba Minerals Corp. (CVE:CDB)’s stock price was up 33.3% on Tuesday . The company traded as high as C$0.62 and last traded at C$0.60. Approximately 330,676 shares traded hands during trading, an increase of 473% from the average daily volume of 57,679 shares. The stock had previously closed at C$0.45.

Cordoba Minerals Trading Up 33.3 %

The company’s fifty day simple moving average is C$0.37 and its 200-day simple moving average is C$0.40. The firm has a market capitalization of C$53.45 million, a PE ratio of -3.28 and a beta of 0.82. 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.