Magna Terra Minerals Inc. (CVE:MTT – Get Free Report) was up 10% during mid-day trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 59,200 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 124,486 shares. The stock had previously closed at C$0.10.
Magna Terra Minerals Price Performance
The company has a market cap of C$9.14 million, a P/E ratio of -11.00 and a beta of 1.29. The company has a fifty day simple moving average of C$0.09 and a 200-day simple moving average of C$0.08. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.30 and a quick ratio of 0.54.
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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