Shares of Magna Terra Minerals Inc. (CVE:MTT – Get Free Report) traded up 28.6% on Saturday . The company traded as high as C$0.09 and last traded at C$0.09. 179,922 shares traded hands during mid-day trading, an increase of 52% from the average session volume of 118,164 shares. The stock had previously closed at C$0.07.
Magna Terra Minerals Stock Performance
The firm has a market capitalization of C$7.48 million, a P/E ratio of -9.00 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 firm has a 50-day moving average price of C$0.07 and a two-hundred day moving average price of C$0.06.
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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