Cordoba Minerals (CVE:CDB) Shares Down 9.8% – Should You Sell?

Shares of Cordoba Minerals Corp. (CVE:CDBGet Free Report) traded down 9.8% during mid-day trading on Tuesday . The company traded as low as C$0.74 and last traded at C$0.74. 123,113 shares were traded during mid-day trading, an increase of 205% from the average session volume of 40,319 shares. The stock had previously closed at C$0.82.

Cordoba Minerals Stock Performance

The firm has a market cap of C$78.75 million, a price-to-earnings ratio of -4.25 and a beta of -1.29. The stock’s fifty day moving average is C$0.83 and its two-hundred day moving average is C$0.80. The company has a debt-to-equity ratio of 27.84, a quick ratio of 0.11 and a current ratio of 3.09.

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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