Montero Mining and Exploration (CVE:MON) Reaches New 12-Month High – What’s Next?

Montero Mining and Exploration Ltd. (CVE:MON) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.37 and last traded at C$0.33, with a volume of 1675232 shares traded. The stock had previously closed at C$0.32.

Montero Mining and Exploration Stock Down 1.5 %

The company has a market capitalization of C$16.04 million, a price-to-earnings ratio of -16.00 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 business has a 50-day moving average price of C$0.30 and a 200-day moving average price of C$0.27.

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.