Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report)’s stock price shot up 4.8% during mid-day trading on Tuesday . The company traded as high as C$0.67 and last traded at C$0.66. 16,333 shares were traded during trading, a decline of 19% from the average daily volume of 20,188 shares. The stock had previously closed at C$0.63.
Montero Mining and Exploration Trading Up 4.8%
The company has a debt-to-equity ratio of 494.64, a current ratio of 0.10 and a quick ratio of 0.02. The business’s 50-day simple moving average is C$0.54 and its two-hundred day simple moving average is C$0.63. The stock has a market capitalization of C$5.58 million, a price-to-earnings ratio of -3.47 and a beta of 1.75.
Montero Mining and Exploration Company Profile
Montero Mining and Exploration Ltd., together with its subsidiaries, engages in the identification, evaluation, acquisition, exploration, and development of mineral properties in Chile. It holds a 100% interest in the Avispa CopperMolybdenum Project that covers an area of 459 square kilometers located in the Atacama Desert of northern Chile. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.
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