Cordoba Minerals (CVE:CDB) Shares Up 56.6% – Here’s Why

Cordoba Minerals Corp. (CVE:CDB)’s share price traded up 56.6% on Wednesday . The stock traded as high as C$1.21 and last traded at C$1.19. 2,335,927 shares changed hands during trading, an increase of 1,888% from the average session volume of 117,519 shares. The stock had previously closed at C$0.76.

Cordoba Minerals Stock Up 8.9%

The company has a market cap of C$125.08 million, a price-to-earnings ratio of -6.75 and a beta of -0.98. The stock has a 50-day simple moving average of C$0.81 and a 200-day simple moving average of C$0.81. The company has a current ratio of 3.09, a quick ratio of 0.11 and a debt-to-equity ratio of 27.84.

Cordoba Minerals Company Profile

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.