Montero Mining and Exploration (CVE:MON) Stock Price Up 4.9% – Here’s What Happened

Shares of Montero Mining and Exploration Ltd. (CVE:MON) were up 4.9% on Tuesday . The company traded as high as C$0.33 and last traded at C$0.32. Approximately 1,464,863 shares traded hands during mid-day trading, an increase of 323% from the average daily volume of 346,224 shares. The stock had previously closed at C$0.31.

Montero Mining and Exploration Stock Performance

The company has a debt-to-equity ratio of 494.64, a quick ratio of 0.02 and a current ratio of 0.10. The stock has a market cap of C$16.04 million, a price-to-earnings ratio of -16.00 and a beta of 1.45. The stock has a fifty day simple moving average of C$0.31 and a two-hundred day simple moving average of C$0.31.

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.