Signal Gold Inc. Sells 15,035,795 Shares of Magna Terra Minerals Inc. (CVE:MTT) Stock

Magna Terra Minerals Inc. (CVE:MTT) insider Signal Gold Inc. sold 15,035,795 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of C$0.02, for a total value of C$225,536.93.

Magna Terra Minerals Price Performance

MTT stock opened at C$0.04 on Friday. The business has a 50 day moving average price of C$0.02 and a 200 day moving average price of C$0.03. The company has a quick ratio of 0.54, a current ratio of 0.30 and a debt-to-equity ratio of 0.05. The stock has a market cap of C$3.32 million, a price-to-earnings ratio of -4.00 and a beta of 1.29. Magna Terra Minerals Inc. has a fifty-two week low of C$0.02 and a fifty-two week high of C$0.05.

Magna Terra Minerals Company Profile

Magna Terra Minerals Inc engages in the acquisition and exploration of mining properties in Canada and Argentina. It explores for gold and silver deposits. The company owns 100% interest in the Viking and Great Northern Projects located in the Newfoundland and Labrador; Cape Spencer Project located in the east of the City of Saint John, New Brunswick; Hawkins Love Project located in west of the City of Saint John, New Brunswick.