Montero Mining and Exploration (CVE:MON) Trading Up 1.6% – Here’s Why

Shares of Montero Mining and Exploration Ltd. (CVE:MONGet Free Report) were up 1.6% during trading on Tuesday . The stock traded as high as C$0.31 and last traded at C$0.31. Approximately 197,535 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 290,181 shares. The stock had previously closed at C$0.31.

Montero Mining and Exploration Price Performance

The company has a debt-to-equity ratio of 494.64, a quick ratio of 0.02 and a current ratio of 0.10. The company has a market cap of C$15.54 million, a PE ratio of -15.50 and a beta of 1.45. The company’s 50-day simple moving average is C$0.31 and its 200 day simple moving average is C$0.31.

About Montero Mining and Exploration

(Get Free Report)

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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