Cordoba Minerals (CVE:CDB) Reaches New 12-Month High – Still a Buy?

Cordoba Minerals Corp. (CVE:CDBGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.62 and last traded at C$0.60, with a volume of 330676 shares. The stock had previously closed at C$0.45.

Cordoba Minerals Trading Down 7.4 %

The firm’s 50 day moving average price is C$0.37 and its 200-day moving average price is C$0.40. 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$44.55 million, a P/E ratio of -2.73 and a beta of 0.82.

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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