Shares of Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report) were down 12.1% during mid-day trading on Monday . The company traded as low as C$0.29 and last traded at C$0.29. Approximately 153,600 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 130,207 shares. The stock had previously closed at C$0.33.
Montero Mining and Exploration Trading Down 3.0 %
The stock has a market capitalization of C$16.04 million, a P/E ratio of -16.00 and a beta of 1.49. The company has a debt-to-equity ratio of 494.64, a current ratio of 0.10 and a quick ratio of 0.02. The business’s 50 day simple moving average is C$0.31 and its 200-day simple moving average is C$0.25.
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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