Magna Terra Minerals Inc. (CVE:MTT – Get Free Report)’s stock price was down 16.7% during trading on Monday . The company traded as low as C$0.07 and last traded at C$0.08. Approximately 685,512 shares traded hands during mid-day trading, an increase of 488% from the average daily volume of 116,676 shares. The stock had previously closed at C$0.09.
Magna Terra Minerals Trading Down 16.7%
The stock has a market cap of C$6.23 million, a P/E ratio of -7.50 and a beta of 1.29. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.54 and a current ratio of 0.30. The stock’s fifty day moving average is C$0.08 and its 200 day moving average is C$0.07.
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.
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