Montero Mining and Exploration (CVE:MON) Stock Price Down 5.3% – Time to Sell?

Montero Mining and Exploration Ltd. (CVE:MON) shares were down 5.3% during trading on Tuesday . The stock traded as low as C$0.72 and last traded at C$0.72. Approximately 46,701 shares were traded during mid-day trading, an increase of 15% from the average daily volume of 40,521 shares. The stock had previously closed at C$0.76.

Montero Mining and Exploration Stock Up 9.7%

The stock has a market cap of C$6.60 million, a P/E ratio of 0.35 and a beta of 2.99. The company has a debt-to-equity ratio of 494.64, a current ratio of 0.10 and a quick ratio of 0.02. The stock’s fifty day simple moving average is C$0.58 and its 200-day simple moving average is C$0.44.

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. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.