Cordoba Minerals (CVE:CDB) Shares Up 25% – Still a Buy?

Cordoba Minerals Corp. (CVE:CDB) shares traded up 25% during trading on Friday . The stock traded as high as C$0.50 and last traded at C$0.45. 320,138 shares traded hands during mid-day trading, an increase of 563% from the average session volume of 48,266 shares. The stock had previously closed at C$0.36.

Cordoba Minerals Trading Up 25.0 %

The firm has a fifty day simple moving average of C$0.36 and a 200-day simple moving average of 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. The firm has a market cap of C$40.09 million, a P/E ratio of -2.46 and a beta of 0.82.

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.