Montero Mining and Exploration (CVE:MON) Stock Price Up 5% – Time to Buy?

Montero Mining and Exploration Ltd. (CVE:MONGet Free Report)’s stock price rose 5% on Tuesday . The company traded as high as C$0.63 and last traded at C$0.63. Approximately 28,133 shares traded hands during mid-day trading, an increase of 14% from the average daily volume of 24,658 shares. The stock had previously closed at C$0.60.

Montero Mining and Exploration Stock Up 5.0%

The business has a 50-day simple moving average of C$0.66 and a two-hundred day simple moving average of C$0.58. The stock has a market capitalization of C$5.33 million, a P/E ratio of -1.91 and a beta of 3.26. The company has a quick ratio of 0.02, a current ratio of 0.10 and a debt-to-equity ratio of 494.64.

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. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.

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