Key Points
- Director Antony Harwood bought 363,637 Montero Mining and Exploration shares at an average price of C$0.55, investing approximately C$200,000 and increasing his holdings by 46.8% to 1,140,683 shares.
- Montero’s stock opened at C$0.46, with a market capitalization of about C$3.89 million; shares have traded between C$0.34 and C$0.88 over the past year.
- The company explores and develops mineral properties in Chile, including its wholly owned 459-square-kilometre Avispa Copper-Molybdenum Project in the Atacama Desert.
Montero Mining and Exploration Ltd. (CVE:MON - Get Free Report) Director Antony Harwood purchased 363,637 shares of the company's stock in a transaction that occurred on Thursday, October 8th. The shares were bought at an average cost of C$0.55 per share, with a total value of C$200,000.35. Following the transaction, the director directly owned 1,140,683 shares of the company's stock, valued at C$627,375.65. The trade was a 46.80% increase in their position.
Montero Mining and Exploration Stock Performance
CVE:MON opened at C$0.46 on Friday. The company has a quick ratio of 0.02, a current ratio of 0.10 and a debt-to-equity ratio of 494.64. The company has a market cap of C$3.89 million, a P/E ratio of -3.54 and a beta of 3.00. Montero Mining and Exploration Ltd. has a fifty-two week low of C$0.34 and a fifty-two week high of C$0.88. The firm's 50 day moving average is C$0.59 and its two-hundred day moving average is C$0.59.
Montero Mining and Exploration Company Profile
(
Get Free Report)
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.
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