Cordoba Minerals (CVE:CDB) Reaches New 12-Month Low – Should You Sell?

Cordoba Minerals Corp. (CVE:CDBGet Free Report)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.26 and last traded at C$0.29, with a volume of 169500 shares trading hands. The stock had previously closed at C$0.33.

Cordoba Minerals Stock Down 10.8 %

The business’s 50 day moving average is C$0.37 and its 200-day moving average is C$0.40. The stock has a market cap of C$25.84 million, a price-to-earnings ratio of -1.58 and a beta of 0.82. The company has a debt-to-equity ratio of 27.84, a quick ratio of 0.11 and a current ratio of 3.09.

Cordoba Minerals Company Profile

(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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