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Cordoba Minerals (CVE:CDB) Stock Price Down 18.5% - Should You Sell?

Cordoba Minerals logo with Basic Materials background

Cordoba Minerals Corp. (CVE:CDB - Get Free Report) traded down 18.5% during mid-day trading on Saturday . The stock traded as low as C$0.54 and last traded at C$0.75. 173,134 shares changed hands during trading, an increase of 302% from the average session volume of 43,022 shares. The stock had previously closed at C$0.92.

Cordoba Minerals Stock Performance

The firm has a market capitalization of C$64.15 million, a P/E ratio of -3.93 and a beta of 0.82. The company's 50 day moving average is C$0.62 and its 200-day moving average is C$0.46. The company has a quick ratio of 0.11, a current ratio of 3.09 and a debt-to-equity ratio of 27.84.

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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