Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report) was up 89.5% during mid-day trading on Friday . The company traded as high as C$0.60 and last traded at C$0.54. Approximately 942,284 shares traded hands during mid-day trading, an increase of 1,755% from the average daily volume of 50,796 shares. The stock had previously closed at C$0.29.
Montero Mining and Exploration Trading Up 1.9%
The firm’s 50-day moving average is C$0.29 and its 200 day moving average is C$0.78. The company has a current ratio of 0.10, a quick ratio of 0.02 and a debt-to-equity ratio of 494.64. The firm has a market capitalization of C$4.59 million, a price-to-earnings ratio of 0.24 and a beta of 1.52.
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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