Montero Mining and Exploration Ltd. (CVE:MON – Get Free Report) dropped 7.1% during mid-day trading on Tuesday . The stock traded as low as C$0.65 and last traded at C$0.65. Approximately 901 shares were traded during trading, a decline of 96% from the average session volume of 20,135 shares. The stock had previously closed at C$0.70.
Montero Mining and Exploration Stock Performance
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 stock has a market cap of C$5.50 million, a price-to-earnings ratio of -5.00 and a beta of 2.28. The stock’s 50-day moving average is C$0.59 and its 200 day moving average is C$0.63.
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. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.
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