Montero Mining and Exploration (CVE:MON) Trading Down 0.5% - Should You Sell?

Shares of Montero Mining and Exploration Ltd. (CVE:MON - Get Free Report) were down 0.5% during mid-day trading on Thursday . The stock traded as low as C$1.93 and last traded at C$1.93. Approximately 3,390 shares traded hands during trading, a decline of 91% from the average daily volume of 37,081 shares. The stock had previously closed at C$1.94.

Montero Mining and Exploration Trading Down 0.5%

The business has a fifty day moving average price of C$1.53 and a 200-day moving average price of C$0.73. The company has a market cap of C$96.73 million, a P/E ratio of -96.50 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.

About Montero Mining and Exploration

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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