Cordoba Minerals (CVE:CDB) Hits New 52-Week High – What’s Next?

Cordoba Minerals Corp. (CVE:CDBGet Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as C$1.45 and last traded at C$1.45, with a volume of 123189 shares changing hands. The stock had previously closed at C$1.37.

Cordoba Minerals Stock Performance

The stock’s 50-day moving average is C$0.85 and its 200-day moving average is C$0.83. The company has a current ratio of 3.09, a quick ratio of 0.11 and a debt-to-equity ratio of 27.84. The firm has a market capitalization of C$135.27 million, a price-to-earnings ratio of -7.30 and a beta of -0.98.

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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