Cordoba Minerals (CVE:CDB) Shares Up 33.3% – Time to Buy?

Shares of Cordoba Minerals Corp. (CVE:CDB) were up 33.3% during trading on Monday . 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 Stock Up 33.3 %

The firm has a 50-day moving average price of C$0.37 and a two-hundred day moving average price of C$0.40. The company has a market capitalization of C$53.45 million, a P/E ratio of -3.28 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.

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.