Cordoba Minerals (CVE:CDB) Reaches New 52-Week High – Time to Buy?

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

Cordoba Minerals Stock Up 33.3 %

The stock has a market cap of C$53.45 million, a P/E ratio of -3.28 and a beta of 0.82. The firm has a 50 day simple moving average of C$0.36 and a 200-day simple moving average of C$0.40. The company has a quick ratio of 0.11, a current ratio of 3.09 and a debt-to-equity ratio of 27.84.

Cordoba Minerals Company Profile

(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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