Cordoba Minerals (CVE:CDB) Stock Price Down 10.8% – Should You Sell?

Cordoba Minerals Corp. (CVE:CDBGet Free Report) shares were down 10.8% during mid-day trading on Thursday . The stock traded as low as C$0.26 and last traded at C$0.29. Approximately 169,000 shares changed hands during mid-day trading, an increase of 351% from the average daily volume of 37,503 shares. The stock had previously closed at C$0.33.

Cordoba Minerals Price Performance

The company has a 50 day moving average of C$0.37 and a 200-day moving average of C$0.40. The firm has a market capitalization of C$25.84 million, a P/E ratio of -1.58 and a beta of 0.82. The company has a current ratio of 3.09, a quick ratio of 0.11 and a debt-to-equity ratio of 27.84.

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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