Montero Mining and Exploration (CVE:MON) Shares Down 3.1% – What’s Next?

Montero Mining and Exploration Ltd. (CVE:MONGet Free Report) fell 3.1% on Thursday . The company traded as low as C$0.32 and last traded at C$0.32. 172,000 shares traded hands during trading, a decline of 37% from the average session volume of 273,219 shares. The stock had previously closed at C$0.33.

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 stock has a 50-day simple moving average of C$0.31 and a two-hundred day simple moving average of C$0.31. The firm has a market capitalization of C$15.79 million, a P/E ratio of -15.75 and a beta of 1.45.

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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