Shares of Magna Terra Minerals Inc. (CVE:MTT – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.09 and last traded at C$0.09, with a volume of 31100 shares. The stock had previously closed at C$0.08.
Magna Terra Minerals Stock Performance
The company has a quick ratio of 0.54, a current ratio of 0.30 and a debt-to-equity ratio of 0.05. The firm has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.04. The company has a market cap of C$6.23 million, a price-to-earnings ratio of -7.50 and a beta of 1.29.
Insider Buying and Selling at Magna Terra Minerals
In related news, insider Signal Gold Inc. sold 15,035,795 shares of Magna Terra Minerals stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of C$0.02, for a total value of C$225,536.93. 31.70% of the stock is currently owned by corporate insiders.
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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