Shares of Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report) were down 22.7% on Tuesday . The company traded as low as C$0.41 and last traded at C$0.43. Approximately 228,002 shares traded hands during trading, an increase of 328% from the average daily volume of 53,254 shares. The stock had previously closed at C$0.55.
Montero Mining and Exploration Stock Down 22.7%
The company has a current ratio of 0.10, a quick ratio of 0.02 and a debt-to-equity ratio of 494.64. The company has a market cap of C$3.55 million, a price-to-earnings ratio of 0.19 and a beta of 1.04. The firm’s fifty day simple moving average is C$0.29 and its 200 day simple moving average is C$0.78.
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.
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