Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report) was up 89.5% during trading on Friday . The stock traded as high as C$0.60 and last traded at C$0.54. Approximately 942,284 shares were traded 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 Price Performance
The company has a quick ratio of 0.02, a current ratio of 0.10 and a debt-to-equity ratio of 494.64. The company has a market capitalization of C$4.59 million, a price-to-earnings ratio of 0.24 and a beta of 1.52. The stock’s 50-day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.78.
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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