Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report) shares dropped 3.3% during mid-day trading on Thursday . The company traded as low as C$0.29 and last traded at C$0.29. Approximately 134,200 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 242,695 shares. The stock had previously closed at C$0.30.
Montero Mining and Exploration Price Performance
The business’s 50-day simple moving average is C$0.31 and its 200 day simple moving average is C$0.31. 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 company has a market capitalization of C$14.53 million, a P/E ratio of -14.50 and a beta of 1.45.
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.
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