Montero Mining and Exploration (CVE:MON) Trading Down 5.1% – Here’s Why

Montero Mining and Exploration Ltd. (CVE:MONGet Free Report) shares traded down 5.1% on Monday . The company traded as low as C$0.28 and last traded at C$0.28. 61,000 shares were traded during mid-day trading, a decline of 52% from the average session volume of 126,257 shares. The stock had previously closed at C$0.30.

Montero Mining and Exploration Stock Performance

The firm has a market cap of C$15.54 million, a P/E ratio of -15.50 and a beta of 1.49. The company has a current ratio of 0.10, a quick ratio of 0.02 and a debt-to-equity ratio of 494.64. The company’s 50-day moving average is C$0.31 and its two-hundred day moving average is C$0.26.

About Montero Mining and Exploration

(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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