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

Key Points

• Cordoba Minerals Corp. shares reached a new 52-week high of C$0.87, with a trading volume of 5,000 shares.
• The company has a market capitalization of C$80.35 million and a negative price-to-earnings ratio of -4.58.
• Cordoba focuses on the exploration and development of base and precious metals, primarily holding a 100% interest in the San Matias project in Colombia.

Shares of Cordoba Minerals Corp. (CVE:CDB - ) reached a new 52-week high on Wednesday . The company traded as high as C$0.87 and last traded at C$0.87, with a volume of 5000 shares trading hands. The stock had previously closed at C$0.87.

Cordoba Minerals Price Performance

The stock has a fifty day moving average of C$0.79 and a two-hundred day moving average of C$0.73. The stock has a market capitalization 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.

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.

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