Cordoba Minerals Corp. (CVE:CDB – Get Free Report) fell 12.5% on Tuesday . The stock traded as low as C$0.35 and last traded at C$0.35. 117,500 shares traded hands during trading, an increase of 480% from the average session volume of 20,247 shares. The stock had previously closed at C$0.40.
Cordoba Minerals Stock Performance
The firm’s 50 day simple moving average is C$0.40 and its 200-day simple moving average is C$0.42. The company has a market capitalization of C$31.47 million, a price-to-earnings ratio of -1.75 and a beta of 0.82. The company has a debt-to-equity ratio of 9.53, a quick ratio of 0.11 and a current ratio of 4.94.
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.
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