Cordoba Minerals (CVE:CDB) Trading Down 1.3% - Should You Sell?

Key Points

• Cordoba Minerals Corp. shares declined by 1.3% to close at C$0.75, with an increase in trading volume by 101% compared to the average.
• The company has a debt-to-equity ratio of 27.84 and a market capitalization of C$66.82 million, indicating relatively high leverage.
• Cordoba Minerals primarily explores for copper, silver, and gold deposits in Colombia, holding a 100% interest in the San Matias project.

Cordoba Minerals Corp. (CVE:CDB - ) shares dropped 1.3% during trading on Monday . The stock traded as low as C$0.75 and last traded at C$0.75. Approximately 82,598 shares traded hands during trading, an increase of 101% from the average daily volume of 41,044 shares. The stock had previously closed at C$0.76.

Cordoba Minerals Stock Performance

The company has a debt-to-equity ratio of 27.84, a quick ratio of 0.11 and a current ratio of 3.09. The company has a market capitalization of C$66.82 million, a price-to-earnings ratio of -4.09 and a beta of 0.82. The firm has a 50-day simple moving average of C$0.75 and a two-hundred day simple moving average of C$0.58.

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.

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