Magna Terra Minerals Inc. (CVE:MTT – Get Free Report) was down 14.3% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 412,000 shares changed hands 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 Price Performance
The company has a current ratio of 0.28, a quick ratio of 0.54 and a debt-to-equity ratio of 0.05. The stock has a market cap of C$2.49 million, a PE ratio of -2.00 and a beta of 1.14. The business has a 50-day moving average price of C$0.03 and a 200 day moving average price of C$0.03.
Magna Terra Minerals Company Profile
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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