Cordoba Minerals (CVE:CDB) Shares Down 12.5% – Time to Sell?

Cordoba Minerals Corp. (CVE:CDBGet Free Report)’s stock price was down 12.5% during mid-day trading on Tuesday . The company traded as low as C$0.35 and last traded at C$0.35. Approximately 117,500 shares traded hands during mid-day trading, an increase of 480% from the average daily volume of 20,247 shares. The stock had previously closed at C$0.40.

Cordoba Minerals Stock Up 2.9 %

The company has a debt-to-equity ratio of 9.53, a quick ratio of 0.11 and a current ratio of 4.94. The firm has a market capitalization of C$32.37 million, a PE ratio of -1.80 and a beta of 0.82. The company has a fifty day moving average price of C$0.40 and a 200-day moving average price of C$0.42.

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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