Montero Mining and Exploration (CVE:MON) Shares Down 3.1% – What’s Next?

Shares of Montero Mining and Exploration Ltd. (CVE:MON) traded down 3.1% on Thursday . The stock traded as low as C$0.32 and last traded at C$0.32. 172,000 shares were traded during trading, a decline of 37% from the average session volume of 273,219 shares. The stock had previously closed at C$0.33.

Montero Mining and Exploration Stock Performance

The company has a 50 day moving average of C$0.31 and a two-hundred day moving average of C$0.31. 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 stock has a market capitalization of C$15.79 million, a PE ratio of -15.75 and a beta of 1.45.

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.