Cordoba Minerals (CVE:CDB) Shares Up 56.6% – Should You Buy?

Shares of Cordoba Minerals Corp. (CVE:CDB) shot up 56.6% during trading on Tuesday . The company traded as high as C$1.21 and last traded at C$1.19. 2,335,927 shares were traded during trading, an increase of 1,888% from the average session volume of 117,519 shares. The stock had previously closed at C$0.76.

Cordoba Minerals Stock Up 56.6%

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 stock has a market cap of C$110.25 million, a PE ratio of -5.95 and a beta of -0.98. The firm has a fifty day moving average of C$0.79 and a 200 day moving average of C$0.80.

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.