Montero Mining and Exploration (CVE:MON) Stock: Insider Antony Harwood Buys 363,637 Shares

Montero Mining and Exploration Ltd. (CVE:MON) Director Antony Harwood acquired 363,637 shares of the business’s stock in a transaction dated Thursday, October 8th. The shares were purchased at an average price of C$0.55 per share, with a total value of C$200,000.35. Following the transaction, the director owned 1,140,683 shares of the company’s stock, valued at approximately C$627,375.65. This represents a 46.80% increase in their ownership of the stock.

Montero Mining and Exploration Price Performance

Shares of MON traded up C$0.01 during mid-day trading on Friday, hitting C$0.46. 29,590 shares of the stock were exchanged, compared to its average volume of 19,072. The company has a market cap of C$3.89 million, a PE ratio of -3.54 and a beta of 3.00. The firm has a 50-day moving average of C$0.59 and a two-hundred day moving average of C$0.59. The company has a debt-to-equity ratio of 494.64, a quick ratio of 0.02 and a current ratio of 0.10. Montero Mining and Exploration Ltd. has a 52-week low of C$0.34 and a 52-week high of C$0.88.

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.