Montero Mining and Exploration (CVE:MON) Stock Price Up 3.4% – Still a Buy?

Montero Mining and Exploration Ltd. (CVE:MONGet Free Report) shares rose 3.4% on Tuesday . The stock traded as high as C$0.31 and last traded at C$0.31. Approximately 51,895 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 124,547 shares. The stock had previously closed at C$0.30.

Montero Mining and Exploration Trading Up 3.4 %

The company has a debt-to-equity ratio of 494.64, a quick ratio of 0.02 and a current ratio of 0.10. The business’s 50 day moving average price is C$0.31 and its 200-day moving average price is C$0.26. The firm has a market cap of C$15.29 million, a price-to-earnings ratio of -15.25 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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