Shares of Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report) were up 20.4% on Friday . The stock traded as high as C$0.69 and last traded at C$0.65. Approximately 226,212 shares traded hands during mid-day trading, an increase of 341% from the average daily volume of 51,320 shares. The stock had previously closed at C$0.54.
Montero Mining and Exploration Price Performance
The company has a debt-to-equity ratio of 494.64, a current ratio of 0.10 and a quick ratio of 0.02. The firm has a fifty day moving average of C$0.29 and a two-hundred day moving average of 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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