Cordoba Minerals (CVE:CDB) Shares Up 17.6%

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.

Read More: Retained Earnings

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