Magna Terra Minerals Inc. (CVE:MTT – Get Free Report)’s share price rose 28.6% on Saturday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 179,922 shares traded hands during trading, an increase of 52% from the average daily volume of 118,164 shares. The stock had previously closed at C$0.07.
Magna Terra Minerals Trading Up 28.6%
The business’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.06. The company has a current ratio of 0.30, a quick ratio of 0.54 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of C$7.48 million, a PE ratio of -9.00 and a beta of 1.29.
Magna Terra Minerals Company Profile
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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