Cordoba Minerals (CVE:CDB) Shares Down 4% – Here’s Why

Cordoba Minerals Corp. (CVE:CDB) shares fell 4% during mid-day trading on Tuesday. The stock traded as low as C$0.24 and last traded at C$0.24. Approximately 4,000 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 91,838 shares. The stock had previously closed at C$0.25.

Cordoba Minerals Stock Performance

The stock has a market capitalization of C$23.41 million, a P/E ratio of -1.15 and a beta of 0.13. The business has a fifty day simple moving average of C$0.25 and a 200-day simple moving average of C$0.36.

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.