Magna Terra Minerals Inc. (CVE:MTT – Get Free Report)’s stock price was down 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 412,000 shares were traded during trading, an increase of 169% from the average daily volume of 153,362 shares. The stock had previously closed at C$0.04.
Magna Terra Minerals Stock Performance
The firm has a market cap of C$2.49 million, a price-to-earnings ratio of -2.00 and a beta of 1.14. The stock has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.03. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.54 and a current ratio of 0.28.
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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