Cordoba Minerals (CVE:CDB) Sets New 1-Year Low – What’s Next?

Cordoba Minerals Corp. (CVE:CDB)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.28 and last traded at C$0.28, with a volume of 290868 shares. The stock had previously closed at C$0.29.

Cordoba Minerals Trading Up 8.5%

The stock has a market cap of C$29.75 million, a PE ratio of -1.45 and a beta of 0.36. The stock has a 50-day moving average of C$1.14 and a 200 day moving average of C$0.93. The company has a quick ratio of 0.11, a current ratio of 0.44 and a debt-to-equity ratio of -585.77.

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.