Cordoba Minerals (CVE:CDB) Trading Up 25% – Here’s What Happened

Cordoba Minerals Corp. (CVE:CDB) shares were up 25% during trading on Saturday . The company traded as high as C$0.50 and last traded at C$0.45. Approximately 320,138 shares changed hands during mid-day trading, an increase of 563% from the average daily volume of 48,266 shares. The stock had previously closed at C$0.36.

Cordoba Minerals Stock Up 25.0 %

The business has a 50 day moving average price of C$0.36 and a 200 day moving average price of C$0.40. The company has a quick ratio of 0.11, a current ratio of 3.09 and a debt-to-equity ratio of 27.84. The stock has a market cap of C$40.09 million, a PE ratio of -2.46 and a beta of 0.82.

Cordoba Minerals Company Profile

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.