Shares of Cordoba Minerals Corp (CVE:CDB) shot up 17.6% during mid-day trading on Friday . The company traded as high as C$0.10 and last traded at C$0.10, 723,000 shares traded hands during mid-day trading. An increase of 644% from the average session volume of 97,114 shares. The stock had previously closed at C$0.09.
The company has a current ratio of 0.03, a quick ratio of 0.02 and a debt-to-equity ratio of 8.34. The stock has a market capitalization of $32.89 million and a price-to-earnings ratio of -2.57. The firm has a 50-day moving average of C$0.06 and a 200 day moving average of C$0.08.
About Cordoba Minerals (CVE:CDB)
Cordoba Minerals Corp., a mineral exploration company, engages in the acquisition, exploration, and development of precious and base metal properties in Canada. The company explores for copper and gold deposits. It primarily holds a 100% interest in the San Matias project that includes the Alacran deposit covering an area of 20,000 hectares located in the municipality of Puerto Libertador, in the Department of Cordoba, Colombia.
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