Cordoba Minerals (CVE:CDB) Trading 5.6% Higher – Should You Buy?

Cordoba Minerals Corp. (CVE:CDB) shares shot up 5.6% during trading on Thursday . The stock traded as high as C$1.52 and last traded at C$1.52. 71,422 shares were traded during trading, a decline of 38% from the average session volume of 114,594 shares. The stock had previously closed at C$1.44.

Cordoba Minerals Price Performance

The company has a quick ratio of 0.11, a current ratio of 0.44 and a debt-to-equity ratio of -585.77. The firm has a market capitalization of C$135.75 million, a price-to-earnings ratio of -7.30 and a beta of -0.98. The company has a fifty day moving average price of C$1.00 and a two-hundred day moving average price of C$0.89.

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.