Cordoba Minerals (CVE:CDB) Stock Price Up 25% – Still a Buy?

Cordoba Minerals Corp. (CVE:CDB) shares traded up 25% on Friday . The stock traded as high as C$0.50 and last traded at C$0.45. 320,138 shares changed hands during mid-day trading, an increase of 563% from the average session volume of 48,266 shares. The stock had previously closed at C$0.36.

Cordoba Minerals Trading Up 25.0 %

The firm’s 50-day moving average price is C$0.36 and its 200-day moving average price is C$0.40. The company has a quick ratio of 0.11, a current ratio of 3.09 and a debt-to-equity ratio of 27.84. The company has a market cap of C$40.09 million, a P/E ratio of -2.46 and a beta of 0.82.

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.