Magna Terra Minerals Inc. (CVE:MTT – Get Free Report) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.06, with a volume of 158460 shares. The stock had previously closed at C$0.05.
Magna Terra Minerals Price Performance
The company has a debt-to-equity ratio of 0.05, a current ratio of 0.30 and a quick ratio of 0.54. The stock’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.03. The stock has a market cap of C$4.57 million, a PE ratio of -5.50 and a beta of 1.29.
Insider Transactions at Magna Terra Minerals
In other news, insider Signal Gold Inc. sold 15,035,795 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of C$0.02, for a total transaction of C$225,536.93. Company insiders own 31.70% of the company’s stock.
About Magna Terra Minerals
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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