Montero Mining and Exploration (CVE:MON) Trading 89.5% Higher – Here’s What Happened

Montero Mining and Exploration Ltd. (CVE:MONGet Free Report)’s share price traded up 89.5% on Friday . The stock traded as high as C$0.60 and last traded at C$0.54. 942,284 shares were traded during trading, an increase of 1,755% from the average session volume of 50,796 shares. The stock had previously closed at C$0.29.

Montero Mining and Exploration Stock Performance

The firm has a market cap of C$4.59 million, a P/E ratio of 0.24 and a beta of 1.52. The stock’s 50 day moving average is C$0.29 and its two-hundred day moving average is C$0.78. The company has a debt-to-equity ratio of 494.64, a current ratio of 0.10 and a quick ratio of 0.02.

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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