Cordoba Minerals (CVE:CDB) Stock Falls 11.5% – Should You Sell?

Cordoba Minerals Corp. (CVE:CDB – Get Free Report)’s share price traded down 11.5% during mid-day trading on Friday. The company traded as low as C$0.23 and last traded at C$0.23. Approximately 1,500 shares traded hands during trading, a decline of 98% from the average daily volume of 89,179 shares. The stock had previously closed at C$0.26.

Cordoba Minerals Trading Down 11.5%

The stock has a market capitalization of C$22.44 million, a PE ratio of -1.11 and a beta of -0.03. The firm’s 50-day simple moving average is C$0.26 and its two-hundred day simple moving average is C$0.27.

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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