Magna Terra Minerals Inc. (CVE:MTT – Get Free Report) traded up 40% during trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.07. 414,991 shares traded hands during trading, an increase of 170% from the average session volume of 153,517 shares. The stock had previously closed at C$0.05.
Magna Terra Minerals Stock Performance
The company has a market cap of C$6.23 million, a price-to-earnings ratio of -7.50 and a beta of 1.29. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.30 and a quick ratio of 0.54. The stock has a 50-day moving average price of C$0.03 and a 200 day moving average price of C$0.03.
Insider Activity at Magna Terra Minerals
In related news, insider Signal Gold Inc. sold 15,035,795 shares of Magna Terra Minerals stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of C$0.02, for a total value of C$225,536.93. 31.70% of the stock is owned by insiders.
Magna Terra Minerals Company Profile
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.
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