Cordoba Minerals (CVE:CDB) Shares Up 33.3% – Here’s Why

Cordoba Minerals Corp. (CVE:CDB) shot up 33.3% on Tuesday . The stock traded as high as C$0.62 and last traded at C$0.60. 330,676 shares changed hands during trading, an increase of 473% from the average session volume of 57,679 shares. The stock had previously closed at C$0.45.

Cordoba Minerals Price Performance

The firm has a market cap of C$53.45 million, a PE ratio of -3.28 and a beta of 0.82. The firm has a fifty day simple moving average of C$0.37 and a two-hundred day simple moving average of C$0.40. The company has a debt-to-equity ratio of 27.84, a quick ratio of 0.11 and a current ratio of 3.09.

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.