Shares of Magna Terra Minerals Inc. (CVE:MTT – Get Free Report) were down 20% during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 202,000 shares were traded during mid-day trading, an increase of 51% from the average daily volume of 134,100 shares. The stock had previously closed at C$0.03.
Magna Terra Minerals Price Performance
The company has a current ratio of 0.30, a quick ratio of 0.54 and a debt-to-equity ratio of 0.05. The stock has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03. The firm has a market cap of C$1.66 million, a PE ratio of -2.00 and a beta of 1.29.
Magna Terra Minerals Company Profile
Magna Terra Minerals Inc engages in the acquisition and exploration of mining properties in Canada and Argentina. It explores for gold and silver deposits. The company owns 100% interest in the Viking and Great Northern Projects located in the Newfoundland and Labrador; Cape Spencer Project located in the east of the City of Saint John, New Brunswick; Hawkins Love Project located in west of the City of Saint John, New Brunswick.
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