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

Cordoba Minerals Corp. (CVE:CDB)’s stock price fell 14.7% during trading on Tuesday . The stock traded as low as C$0.29 and last traded at C$0.29. 389,530 shares were traded during trading, an increase of 132% from the average session volume of 167,954 shares. The stock had previously closed at C$0.34.

Cordoba Minerals Trading Down 14.7%

The company has a quick ratio of 0.11, a current ratio of 0.44 and a debt-to-equity ratio of -585.77. The stock has a market capitalization of C$26.96 million, a PE ratio of -1.32 and a beta of 0.36. The business’s 50-day moving average is C$1.17 and its two-hundred day moving average is 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.