Magna Terra Minerals (CVE:MTT) Hits New 52-Week High at $0.05

Shares of Magna Terra Minerals Inc. (CVE:MTTGet Free Report) reached a new 52-week high on Monday . The stock traded as high as C$0.05 and last traded at C$0.05, with a volume of 139000 shares trading hands. The stock had previously closed at C$0.04.

Magna Terra Minerals Trading Up 42.9 %

The company has a quick ratio of 0.54, a current ratio of 0.28 and a debt-to-equity ratio of 0.05. The firm’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The stock has a market cap of C$4.16 million, a P/E ratio of -2.00 and a beta of 1.14.

About Magna Terra Minerals

(Get Free Report)

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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