Montero Mining and Exploration (CVE:MON) Stock Price Down 3.1% – Time to Sell?

Montero Mining and Exploration Ltd. (CVE:MON)’s share price fell 3.1% during mid-day trading on Thursday . The stock traded as low as C$0.32 and last traded at C$0.32. 172,000 shares were traded during mid-day trading, a decline of 37% from the average session volume of 273,219 shares. The stock had previously closed at C$0.33.

Montero Mining and Exploration Stock Performance

The company has a market capitalization of C$15.79 million, a P/E ratio of -15.75 and a beta of 1.45. The company has a current ratio of 0.10, a quick ratio of 0.02 and a debt-to-equity ratio of 494.64. The company’s 50 day moving average is C$0.31 and its 200-day moving average is C$0.31.

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.