Cordoba Minerals (CVE:CDB) Stock Price Down 18.5% – Should You Sell?

Cordoba Minerals Corp. (CVE:CDB)’s stock price fell 18.5% on Saturday . The stock traded as low as C$0.54 and last traded at C$0.75. 173,134 shares traded hands during mid-day trading, an increase of 302% from the average session volume of 43,022 shares. The stock had previously closed at C$0.92.

Cordoba Minerals Stock Down 18.5%

The firm has a 50 day simple moving average of C$0.59 and a two-hundred day simple moving average of C$0.46. 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 stock has a market cap of C$66.82 million, a price-to-earnings ratio of -4.09 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.