Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report) shares rose 1.6% on Tuesday . The stock traded as high as C$0.66 and last traded at C$0.65. Approximately 23,042 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 40,081 shares. The stock had previously closed at C$0.64.
Montero Mining and Exploration Price Performance
The stock has a market capitalization of C$6.43 million, a PE ratio of 0.34 and a beta of 2.99. 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 firm’s 50-day moving average price is C$0.46 and its 200-day moving average price is C$0.38.
About Montero Mining and Exploration
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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