Shares of Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report) dropped 3.2% on Thursday . The stock traded as low as C$0.30 and last traded at C$0.30. Approximately 266,200 shares changed hands during mid-day trading, an increase of 85% from the average daily volume of 144,075 shares. The stock had previously closed at C$0.31.
Montero Mining and Exploration Stock Performance
The company has a current ratio of 0.10, a quick ratio of 0.02 and a debt-to-equity ratio of 494.64. The firm has a market capitalization of C$15.04 million, a price-to-earnings ratio of -15.00 and a beta of 1.45. The stock has a fifty day moving average price of C$0.30 and a 200-day moving average price of C$0.29.
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.
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