Cordoba Minerals (CVE:CDB) Stock Price Down 14.7% – Here’s Why

Cordoba Minerals Corp. (CVE:CDB)’s stock price was down 14.7% during mid-day trading on Tuesday . The stock traded as low as C$0.29 and last traded at C$0.29. Approximately 389,530 shares changed hands during trading, an increase of 132% from the average daily volume of 167,954 shares. The stock had previously closed at C$0.34.

Cordoba Minerals Trading Up 1.7%

The company has a current ratio of 0.44, a quick ratio of 0.11 and a debt-to-equity ratio of -585.77. The firm has a market cap of C$27.43 million, a PE ratio of -1.34 and a beta of 0.36. The business has a fifty day moving average price of C$1.15 and a 200 day moving average price of C$0.94.

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.