Magna Terra Minerals Inc. (CVE:MTT – Get Free Report)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as C$0.06 and last traded at C$0.06, with a volume of 158460 shares trading hands. The stock had previously closed at C$0.05.
Magna Terra Minerals Stock Performance
The stock has a market cap of C$4.57 million, a PE ratio of -5.50 and a beta of 1.29. The stock has a fifty day moving average of C$0.03 and a 200-day moving average 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.
Insider Activity
In related news, insider Signal Gold Inc. sold 15,035,795 shares of Magna Terra Minerals stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of C$0.02, for a total transaction of C$225,536.93. Insiders own 31.70% of the company’s stock.
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.
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