Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report) dropped 22.7% on Tuesday . The stock 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 Performance
The firm has a 50 day moving average of C$0.29 and a two-hundred day moving average of C$0.78. 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 stock has a market cap of C$3.55 million, a PE ratio of 0.19 and a beta of 1.04.
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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