Cordoba Minerals (CVE:CDB) Shares Up 38.9% – What’s Next?

by · The Cerbat Gem

Cordoba Minerals Corp. (CVE:CDB – Get Free Report)’s share price shot up 38.9% during trading on Friday . The company traded as high as C$0.50 and last traded at C$0.50. 151,138 shares traded hands during mid-day trading, an increase of 262% from the average session volume of 41,766 shares. The stock had previously closed at C$0.36.

Cordoba Minerals Trading Up 36.1 %

The company has a 50-day moving average price of C$0.36 and a two-hundred day moving average price of C$0.40. The stock has a market cap of C$43.65 million, a P/E ratio of -2.67 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.

About Cordoba Minerals

(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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