Magna Terra Minerals Inc. (CVE:MTT – Get Free Report)’s share price hit a new 52-week high on Thursday . The company traded as high as C$0.21 and last traded at C$0.20, with a volume of 25286 shares. The stock had previously closed at C$0.20.
Magna Terra Minerals Price Performance
The firm has a market capitalization of C$22.21 million, a price-to-earnings ratio of 20.50 and a beta of -0.08. 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 business has a 50-day moving average price of C$0.16 and a two-hundred day moving average price of C$0.16.
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. 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.
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