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Montero Mining and Exploration (CVE:MON) Sets New 52-Week High - Time to Buy?

Montero Mining and Exploration logo with Basic Materials background

Shares of Montero Mining and Exploration Ltd. (CVE:MON - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as C$1.93 and last traded at C$1.93, with a volume of 619 shares traded. The stock had previously closed at C$0.32.

Montero Mining and Exploration Price Performance

The stock has a market capitalization of C$93.22 million, a price-to-earnings ratio of -93.00 and a beta of 1.45. The company has a quick ratio of 0.02, a current ratio of 0.10 and a debt-to-equity ratio of 494.64. The stock has a fifty day moving average of C$0.47 and a 200-day moving average of C$0.36.

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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