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Cordoba Minerals (CVE:CDB) Reaches New 1-Year High - Still a Buy?

Cordoba Minerals logo with Basic Materials background

Key Points

  • Cordoba Minerals Corp. shares hit a new 52-week high of C$0.88 during mid-day trading, reflecting a significant market interest with 15,000 shares traded.
  • The company's debt-to-equity ratio is noted at 27.84, indicating a relatively high level of debt compared to equity.
  • Cordoba holds a 100% interest in the San Matias project in Colombia, exploring for copper, silver, and gold deposits over 146.62 square kilometers.
  • Interested in Cordoba Minerals? Here are five stocks we like better.

Shares of Cordoba Minerals Corp. (CVE:CDB - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.87 and last traded at C$0.88, with a volume of 15000 shares trading hands. The stock had previously closed at C$0.87.

Cordoba Minerals Stock Performance

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 company has a market capitalization of C$81.27 million, a P/E ratio of -4.63 and a beta of -1.22. The stock's 50 day simple moving average is C$0.78 and its two-hundred day simple moving average is C$0.72.

About Cordoba Minerals

(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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