Shares of Cordoba Minerals Corp. (CVE:CDB – Get Free Report) were down 14.1% during trading on Friday . The stock traded as low as C$0.54 and last traded at C$0.79. Approximately 151,884 shares were traded during mid-day trading, an increase of 256% from the average daily volume of 42,649 shares. The stock had previously closed at C$0.92.
Cordoba Minerals Trading Down 18.5%
The firm’s 50-day simple moving average is C$0.59 and its 200 day simple moving average is C$0.46. 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 firm has a market cap of C$66.82 million, a P/E 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.
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