Magna Terra Minerals Inc. (CVE:MTT – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 32000 shares. The stock had previously closed at C$0.03.
Magna Terra Minerals Stock Performance
The company has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.03. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.30 and a quick ratio of 0.54. The stock has a market cap of C$2.08 million, a P/E ratio of -2.50 and a beta of 1.29.
About Magna Terra Minerals
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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