Magna Terra Minerals Inc. (CVE:MTT – Get Free Report)’s share price was up 16.7% during mid-day trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 171,000 shares changed hands during trading, an increase of 47% from the average daily volume of 116,678 shares. The stock had previously closed at C$0.06.
Magna Terra Minerals Trading Up 16.7 %
The business has a 50 day moving average of C$0.07 and a 200-day moving average of C$0.06. The stock has a market cap of C$5.82 million, a PE ratio of -7.00 and a beta of 1.29. The company has a current ratio of 0.30, a quick ratio of 0.54 and a debt-to-equity ratio of 0.05.
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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