Magna Terra Minerals (CVE:MTT) Shares Up 13.3% – Here’s Why

Posted by Teresa Graham on Feb 4th, 2026

Shares of Magna Terra Minerals Inc. (CVE:MTT – Get Free Report) were up 13.3% on Monday . The company traded as high as C$0.17 and last traded at C$0.17. Approximately 87,726 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 180,913 shares. The stock had previously closed at C$0.15.

Analysts Set New Price Targets

Separately, Atrium Research raised shares of Magna Terra Minerals to a “strong-buy” rating in a research report on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

View Our Latest Report on Magna Terra Minerals

Magna Terra Minerals Stock Performance

The company has a current ratio of 0.30, a quick ratio of 0.54 and a debt-to-equity ratio of 0.05. The company has a market cap of C$18.37 million, a P/E ratio of -17.00 and a beta of 0.36. The business’s 50 day simple moving average is C$0.15 and its 200 day simple moving average is C$0.12.

About Magna Terra Minerals

(Get Free Report)

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. It also holds 100% control in the Luna Roja Project located in the Santa Cruz Province, Argentina; Piedra Negra Project located in the Santa Cruz Province, Argentina; Cerro Covadonga Project located in Argentina; El Meridiano Project is located in the Deseado Massif, Santa Cruz Province; Gertrudis Project is in the north-eastern part of the Deseado Massif, Argentina; La Rosita M.D.