Magna Terra Minerals Inc. (CVE:MTT – Get Free Report) was up 28.6% during mid-day trading on Saturday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 179,922 shares traded hands during mid-day trading, an increase of 52% from the average daily volume of 118,164 shares. The stock had previously closed at C$0.07.
Magna Terra Minerals Stock Performance
The stock’s 50-day simple moving average is C$0.07 and its 200-day simple moving average is C$0.06. The stock has a market cap of C$7.48 million, a price-to-earnings ratio of -9.00 and a beta of 1.29. The company has a current ratio of 0.30, a quick ratio of 0.54 and a debt-to-equity ratio of 0.05.
About Magna Terra Minerals
Magna Terra Minerals Inc engages in the acquisition and exploration of mining properties in Canada and Argentina. It explores for gold and silver deposits. The company owns 100% interest in the Viking and Great Northern Projects located in the Newfoundland and Labrador; Cape Spencer Project located in the east of the City of Saint John, New Brunswick; Hawkins Love Project located in west of the City of Saint John, New Brunswick.
See Also
- Five stocks we like better than Magna Terra Minerals
- What is a support level?
- IBM Up 10 Days in a Row: What’s Driving the Winning Streak?
- Large Cap Stock Definition and How to Invest
- Upstart Stock’s Bull Case Just Got a Lot Stronger
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Higher Gulf Oil Output Puts These Energy Names in Play
Receive News & Ratings for Magna Terra Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magna Terra Minerals and related companies with MarketBeat.com's FREE daily email newsletter.
