Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report) shares shot up 89.5% on Friday . The company traded as high as C$0.60 and last traded at C$0.54. 942,284 shares traded hands 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 Up 1.9%
The company has a debt-to-equity ratio of 494.64, a quick ratio of 0.02 and a current ratio of 0.10. The stock’s fifty day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.78. The stock has a market capitalization of C$4.59 million, a P/E 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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