Shares of Cordoba Minerals Corp. (CVE:CDB – Get Free Report) rose 25% during mid-day trading on Saturday . The company traded as high as C$0.50 and last traded at C$0.45. Approximately 320,138 shares traded hands during mid-day trading, an increase of 563% from the average daily volume of 48,266 shares. The stock had previously closed at C$0.36.
Cordoba Minerals Price Performance
The stock has a market capitalization of C$40.09 million, a price-to-earnings ratio of -2.46 and a beta of 0.82. The company has a quick ratio of 0.11, a current ratio of 3.09 and a debt-to-equity ratio of 27.84. The business has a 50-day simple moving average of C$0.36 and a two-hundred day simple moving average of C$0.40.
About Cordoba Minerals
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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