Montero Mining and Exploration (CVE:MON) Stock Price Down 3.3% – Time to Sell?

Montero Mining and Exploration Ltd. (CVE:MONGet Free Report) dropped 3.3% during trading on Thursday . The company traded as low as C$0.29 and last traded at C$0.29. Approximately 134,200 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 242,695 shares. The stock had previously closed at C$0.30.

Montero Mining and Exploration Trading Down 5.2 %

The stock’s 50 day moving average is C$0.31 and its 200-day moving average is C$0.31. The company has a market cap of C$13.78 million, a P/E ratio of -13.75 and a beta of 1.45. 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

(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.

Further Reading

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