Montero Mining and Exploration (CVE:MON) Shares Up 5.3%

Montero Mining and Exploration Ltd. (CVE:MON)’s stock price shot up 5.3% during trading on Monday . The stock traded as high as C$0.20 and last traded at C$0.20. 48,150 shares traded hands during trading, a decline of 49% from the average session volume of 94,233 shares. The stock had previously closed at C$0.19.

Montero Mining and Exploration Trading Up 10.0 %

The firm’s 50-day moving average is C$0.21 and its 200 day moving average is C$0.23. The company has a current ratio of 0.03, a quick ratio of 0.02 and a debt-to-equity ratio of 165.29. The firm has a market capitalization of C$12.45 million, a price-to-earnings ratio of -13.50 and a beta of 1.42.

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.