Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report)’s stock price shot up 20.4% during mid-day trading on Friday . The company traded as high as C$0.69 and last traded at C$0.65. 226,212 shares changed hands during trading, an increase of 341% from the average session volume of 51,320 shares. The stock had previously closed at C$0.54.
Montero Mining and Exploration Stock Performance
The stock’s 50-day simple moving average is C$0.29 and its 200-day simple moving average is C$0.78. The stock has a market cap of C$4.59 million, a price-to-earnings ratio of 0.24 and a beta of 1.52. The company has a current ratio of 0.10, a quick ratio of 0.02 and a debt-to-equity ratio of 494.64.
Montero Mining and Exploration Company Profile
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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