Montero Mining and Exploration (CVE:MON) Trading 3.2% Higher – What’s Next?

Montero Mining and Exploration Ltd. (CVE:MONGet Free Report)’s stock price rose 3.2% during trading on Tuesday . The stock traded as high as C$0.32 and last traded at C$0.32. Approximately 1,500 shares were traded during trading, a decline of 99% from the average daily volume of 121,439 shares. The stock had previously closed at C$0.31.

Montero Mining and Exploration Stock Up 10.2 %

The firm’s 50-day simple moving average is C$0.30 and its 200-day simple moving average is C$0.27. 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 company has a market capitalization of C$16.29 million, a price-to-earnings ratio of -16.25 and a beta of 1.45.

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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