Montero Mining and Exploration (CVE:MON) Trading Down 5.1% – Here’s What Happened

Shares of Montero Mining and Exploration Ltd. (CVE:MONGet Free Report) were down 5.1% on Monday . The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 61,000 shares traded hands during trading, a decline of 52% from the average daily volume of 126,257 shares. The stock had previously closed at C$0.30.

Montero Mining and Exploration Stock Down 5.1 %

The stock has a fifty day moving average price of C$0.31 and a two-hundred day moving average price of C$0.26. The company has a market cap of C$14.03 million, a price-to-earnings ratio of -14.00 and a beta of 1.49. The company has a quick ratio of 0.02, a current ratio of 0.10 and a debt-to-equity ratio of 494.64.

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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