Magna Terra Minerals Inc. (CVE:MTT – Get Free Report) shares fell 28.6% on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. 246,500 shares were traded during trading, an increase of 81% from the average session volume of 136,511 shares. The stock had previously closed at C$0.04.
Magna Terra Minerals Price Performance
The stock has a market capitalization of C$2.91 million, a PE ratio of -2.00 and a beta of 0.86. The company has a quick ratio of 0.54, a current ratio of 0.28 and a debt-to-equity ratio of 0.05. The firm’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.03.
Magna Terra Minerals Company Profile
Magna Terra Minerals Inc engages in the acquisition and exploration of mining properties in Canada and Argentina. It explores for gold and silver deposits. The company owns 100% interest in the Viking and Great Northern Projects located in the Newfoundland and Labrador; Cape Spencer Project located in the east of the City of Saint John, New Brunswick; Hawkins Love Project located in west of the City of Saint John, New Brunswick.
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