Shares of Cordoba Minerals Corp. (CVE:CDB – Get Free Report) were up 7.1% during mid-day trading on Thursday . The stock traded as high as C$0.46 and last traded at C$0.45. Approximately 38,000 shares changed hands during mid-day trading, an increase of 109% from the average daily volume of 18,198 shares. The stock had previously closed at C$0.42.
Cordoba Minerals Price Performance
The company’s 50-day simple moving average is C$0.42 and its 200 day simple moving average is C$0.45. The stock has a market capitalization of C$40.46 million, a price-to-earnings ratio of -2.25 and a beta of 0.82. The company has a quick ratio of 0.11, a current ratio of 4.94 and a debt-to-equity ratio of 9.53.
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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