Montero Mining and Exploration (CVE:MON) Trading Up 5.3% – Here’s What Happened

Montero Mining and Exploration Ltd. (CVE:MON) shot up 5.3% on Tuesday . The stock traded as high as C$0.40 and last traded at C$0.40. 10,570 shares traded hands during trading, a decline of 80% from the average session volume of 53,250 shares. The stock had previously closed at C$0.38.

Montero Mining and Exploration Stock Performance

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’s fifty day moving average price is C$0.34 and its 200-day moving average price is C$0.80. The firm has a market cap of C$3.34 million, a price-to-earnings ratio of 0.18 and a beta of 1.04.

Montero Mining and Exploration Company Profile

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.