Magna Terra Minerals Inc. (CVE:MTT – Get Free Report) shot up 50% during mid-day trading on Tuesday . The stock traded as high as C$0.08 and last traded at C$0.08. 469,991 shares were traded during trading, an increase of 193% from the average session volume of 160,628 shares. The stock had previously closed at C$0.05.
Magna Terra Minerals Price Performance
The company has a debt-to-equity ratio of 0.05, a current ratio of 0.30 and a quick ratio of 0.54. The firm has a market capitalization of C$6.23 million, a price-to-earnings ratio of -7.50 and a beta of 1.29. The business’s fifty day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03.
Insider Transactions at Magna Terra Minerals
In other Magna Terra Minerals news, insider Signal Gold Inc. sold 15,035,795 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of C$0.02, for a total value of C$225,536.93. Insiders own 31.70% of the company’s stock.
About Magna Terra Minerals
Magna Terra Minerals Inc engages in the acquisition and exploration of mining properties in Canada and Argentina. It explores for gold and silver deposits. The company owns 100% interest in the Viking and Great Northern Projects located in the Newfoundland and Labrador; Cape Spencer Project located in the east of the City of Saint John, New Brunswick; Hawkins Love Project located in west of the City of Saint John, New Brunswick.
Featured Stories
- Five stocks we like better than Magna Terra Minerals
- Best Stocks Under $5.00
- The Fed Is More Likely to Hike Than Cut Rates in 2025
- How to Plot Fibonacci Price Inflection Levels
- Investors Navigate Uncertainty by Seeking Refuge in Gold and Oil
- 3 REITs to Buy and Hold for the Long Term
- Archer Aviation Shares Slide, Now Bargain Priced for 2025
Receive News & Ratings for Magna Terra Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magna Terra Minerals and related companies with MarketBeat.com's FREE daily email newsletter.