Montero Mining and Exploration (CVE:MON) Trading Up 1.6% – Time to Buy?

Montero Mining and Exploration Ltd. (CVE:MONGet Free Report)’s share price traded up 1.6% during mid-day trading on Tuesday . The stock traded as high as C$0.31 and last traded at C$0.31. 197,535 shares changed hands during trading, a decline of 32% from the average session volume of 290,181 shares. The stock had previously closed at C$0.31.

Montero Mining and Exploration Trading Up 1.6 %

The firm has a market capitalization of C$15.54 million, a PE ratio of -15.50 and a beta of 1.45. The company’s 50-day moving average price is C$0.31 and its 200-day moving average price is C$0.31. The company has a debt-to-equity ratio of 494.64, a quick ratio of 0.02 and a current ratio of 0.10.

Montero Mining and Exploration Company Profile

(Get Free Report)

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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