Magna Terra Minerals Inc. (CVE:MTT – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05, with a volume of 370000 shares trading hands. The stock had previously closed at C$0.05.
Magna Terra Minerals Stock Performance
The company has a market capitalization of C$4.16 million, a P/E ratio of -5.00 and a beta of 1.29. The business has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.03. The company has a quick ratio of 0.54, a current ratio of 0.30 and a debt-to-equity ratio of 0.05.
Insider Activity
In other news, insider Signal Gold Inc. sold 15,035,795 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of C$0.02, for a total value of C$225,536.93. Corporate insiders own 31.70% of the company’s stock.
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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