Magna Terra Minerals Inc. (CVE:MTT – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as C$0.09 and last traded at C$0.09, with a volume of 75326 shares traded. The stock had previously closed at C$0.08.
Magna Terra Minerals Trading Down 6.3 %
The company has a quick ratio of 0.54, a current ratio of 0.30 and a debt-to-equity ratio of 0.05. The business’s fifty day moving average is C$0.06 and its 200 day moving average is C$0.04. The firm has a market capitalization of C$6.23 million, a price-to-earnings ratio of -7.50 and a beta of 1.29.
Insider Buying and Selling
In other Magna Terra Minerals news, insider Signal Gold Inc. sold 15,035,795 shares of Magna Terra Minerals stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of C$0.02, for a total value of C$225,536.93. 31.70% of the stock is currently owned by company insiders.
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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