Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report) shares fell 12.5% during trading on Tuesday . The company traded as low as C$0.46 and last traded at C$0.46. Approximately 4,030 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 20,505 shares. The stock had previously closed at C$0.52.
Montero Mining and Exploration Stock Performance
The company has a 50 day moving average of C$0.54 and a two-hundred day moving average of C$0.61. The company has a debt-to-equity ratio of 494.64, a current ratio of 0.10 and a quick ratio of 0.02. The company has a market capitalization of C$3.85 million, a PE ratio of -2.39 and a beta of 2.51.
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. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.
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