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Cordoba Minerals Announces Successful Election of Directors and Re-Approval of Stock Option Plan

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Cordoba Minerals Announces Successful Election of Directors and Re-Approval of Stock Option Plan

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Cordoba Minerals ( (TSE:CDB) ) has shared an update.

Cordoba Minerals Corp. announced that all directors nominated were elected at its Annual General Meeting of Shareholders. Shareholders also voted in favor of re-appointing Deloitte LLP as auditors and re-approved the company’s stock option plan, which remains subject to final approval from the TSX Venture Exchange.

Spark’s Take on TSE:CDB Stock

According to Spark, TipRanks’ AI Analyst, TSE:CDB is a Underperform.

Cordoba Minerals exhibits significant financial instability, marked by zero revenue and high leverage, which severely impact its stock score negatively. Although there is some technical upward momentum, overbought conditions and unattractive valuation metrics highlight potential risks for investors.

To see Spark’s full report on TSE:CDB stock, click here.

More about Cordoba Minerals

Cordoba Minerals Corp. is a mineral exploration company focused on the exploration, development, and acquisition of copper and gold projects. It is jointly developing the Alacran Project in Colombia with JCHX Mining Management Co., Ltd., and holds a 51% interest in the Perseverance Copper Project in Arizona, USA.

Average Trading Volume: 52,248

Technical Sentiment Signal: Buy

Current Market Cap: C$66.17M

For a thorough assessment of CDB stock, go to TipRanks’ Stock Analysis page.

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