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Cordoba Minerals (CVE:CDB) Trading Down 18.5% - Here's What Happened

Cordoba Minerals logo with Basic Materials background

Cordoba Minerals Corp. (CVE:CDB - Get Free Report)'s stock price dropped 18.5% on Saturday . The stock traded as low as C$0.54 and last traded at C$0.75. Approximately 173,134 shares were traded during trading, an increase of 302% from the average daily volume of 43,022 shares. The stock had previously closed at C$0.92.

Cordoba Minerals Stock Performance

The company has a market capitalization of C$64.15 million, a P/E ratio of -3.93 and a beta of 0.82. 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 fifty day moving average price of C$0.62 and a two-hundred day moving average price of C$0.46.

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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