Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report)’s stock price shot up 4.8% during mid-day trading on Tuesday . The company traded as high as C$0.67 and last traded at C$0.66. 16,333 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 20,188 shares. The stock had previously closed at C$0.63.
Montero Mining and Exploration Price Performance
The firm has a market capitalization of C$5.75 million, a P/E ratio of -3.58 and a beta of 1.75. The business’s 50-day simple moving average is C$0.54 and its 200 day simple moving average is C$0.63. The company has a quick ratio of 0.02, a current ratio of 0.10 and a debt-to-equity ratio of 494.64.
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. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.
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