Montero Mining and Exploration (CVE:MON) Trading Down 4.3%

Montero Mining and Exploration Ltd. (CVE:MON)’s share price traded down 4.3% during mid-day trading on Tuesday . The stock traded as low as C$0.33 and last traded at C$0.33. 37,000 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 124,920 shares. The stock had previously closed at C$0.35.

Montero Mining and Exploration Price Performance

The company has a 50 day moving average price of C$0.24 and a 200-day moving average price of C$0.24. The company has a quick ratio of 0.02, a current ratio of 0.03 and a debt-to-equity ratio of 165.29. The company has a market cap of C$14.72 million, a price-to-earnings ratio of -17.25 and a beta of 1.42.

Montero Mining and Exploration Company Profile

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.