Montero Mining and Exploration (CVE:MON) Shares Down 12.5% – What’s Next?

Montero Mining and Exploration Ltd. (CVE:MONGet Free Report) was down 12.5% on Tuesday . The stock traded as low as C$0.46 and last traded at C$0.46. 4,030 shares were traded during trading, a decline of 80% from the average session volume of 20,505 shares. The stock had previously closed at C$0.52.

Montero Mining and Exploration Trading Up 5.1%

The firm has a market cap of C$4.40 million, a P/E ratio of -2.74 and a beta of 2.51. The stock has a 50 day simple moving average of C$0.54 and a 200-day simple moving average of C$0.61. The company has a current ratio of 0.10, a quick ratio of 0.02 and a debt-to-equity ratio of 494.64.

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. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.

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