Cordoba Minerals (CVE:CDB) Trading 33.3% Higher – Still a Buy?

Shares of Cordoba Minerals Corp. (CVE:CDB) shot 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 changed hands during trading, an increase of 473% from the average session volume of 57,679 shares. The stock had previously closed at C$0.45.

Cordoba Minerals Trading Up 33.3 %

The company has a market capitalization of C$53.45 million, a price-to-earnings ratio of -3.28 and a beta of 0.82. The business’s 50 day moving average price is C$0.37 and its two-hundred day moving average price is C$0.40. The company has a debt-to-equity ratio of 27.84, a quick ratio of 0.11 and a current ratio of 3.09.

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.