Cordoba Minerals (CVE:CDB) Shares Down 7.7% – Should You Sell?

Cordoba Minerals Corp. (CVE:CDB)’s share price was down 7.7% during mid-day trading on Thursday . The stock traded as low as C$0.26 and last traded at C$0.30. Approximately 165,000 shares changed hands during trading, an increase of 343% from the average daily volume of 37,243 shares. The stock had previously closed at C$0.33.

Cordoba Minerals Stock Performance

The company has a debt-to-equity ratio of 27.84, a current ratio of 3.09 and a quick ratio of 0.11. The company has a market capitalization of C$25.84 million, a price-to-earnings ratio of -1.58 and a beta of 0.82. The firm has a fifty day simple moving average of C$0.37 and a 200 day simple moving average of C$0.40.

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.