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Cordoba Minerals (CVE:CDB) Hits New 1-Year High - Here's What Happened

Cordoba Minerals logo with Basic Materials background

Key Points

  • Cordoba Minerals shares reached a new 52-week high of C$0.87, but closed down slightly at C$0.87 with a trading volume of 45,400 shares.
  • The company has a market cap of C$80.35 million and reported a price-to-earnings ratio of -4.58, indicating negative earnings.
  • Cordoba Minerals focuses on the acquisition and exploration of copper, silver, and gold deposits, primarily at its San Matias project in Colombia.
  • MarketBeat previews top five stocks to own in November.

Cordoba Minerals Corp. (CVE:CDB - Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as C$0.87 and last traded at C$0.87, with a volume of 45400 shares changing hands. The stock had previously closed at C$0.88.

Cordoba Minerals Stock Down 1.1%

The company has a market cap of C$80.35 million, a price-to-earnings ratio of -4.58 and a beta of -1.43. The company has a current ratio of 3.09, a quick ratio of 0.11 and a debt-to-equity ratio of 27.84. The business has a fifty day moving average price of C$0.81 and a two-hundred day moving average price of C$0.75.

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.

Further Reading

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