Cordoba Minerals (CVE:CDB) Shares Cross Below 50 Day Moving Average – Here’s Why

Cordoba Minerals Corp. (CVE:CDBGet Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.25 and traded as low as C$0.24. Cordoba Minerals shares last traded at C$0.24, with a volume of 2,000 shares trading hands.

Cordoba Minerals Price Performance

The firm has a market capitalization of C$23.90 million, a P/E ratio of 0.17 and a beta of 0.24. The stock’s fifty day simple moving average is C$0.25 and its 200 day simple moving average is C$0.58.

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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