Cordoba Minerals (CVE:CDB) Shares Up 33.3% – Time to Buy?

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. 330,676 shares changed hands during mid-day 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 Stock Up 33.3 %

The company has a debt-to-equity ratio of 27.84, a current ratio of 3.09 and a quick ratio of 0.11. The business has a 50 day moving average of C$0.37 and a 200 day moving average of C$0.40. The firm has a market capitalization of C$53.45 million, a price-to-earnings ratio of -3.28 and a beta of 0.82.

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.