Cordoba Minerals (CVE:CDB) Shares Up 6.3% – Still a Buy?

Cordoba Minerals Corp. (CVE:CDB)’s stock price traded up 6.3% on Friday . The company traded as high as C$0.42 and last traded at C$0.42. 10,500 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 16,725 shares. The stock had previously closed at C$0.40.

Cordoba Minerals Stock Performance

The company has a market capitalization of C$37.77 million, a P/E ratio of -2.10 and a beta of 0.82. The company’s 50 day moving average is C$0.42 and its 200-day moving average is C$0.43. The company has a current ratio of 4.94, a quick ratio of 0.11 and a debt-to-equity ratio of 9.53.

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.