Magna Terra Minerals (CVE:MTT) Reaches New 1-Year High at $0.05

Magna Terra Minerals Inc. (CVE:MTTGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.05, with a volume of 139000 shares. The stock had previously closed at C$0.04.

Magna Terra Minerals Trading Up 42.9 %

The company has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.03. The firm has a market capitalization of C$4.16 million, a price-to-earnings ratio of -2.00 and a beta of 1.14. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.54 and a current ratio of 0.28.

Magna Terra Minerals Company Profile

(Get Free Report)

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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