Montero Mining and Exploration (MON) Reaches New 52-Week Low at $0.09

Montero Mining and Exploration Ltd (CVE:MON)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.09 and last traded at C$0.10, with a volume of 16000 shares. The stock had previously closed at C$0.11.

Montero Mining and Exploration (CVE:MON) last released its quarterly earnings results on Thursday, August 23rd. The company reported C($0.04) earnings per share (EPS) for the quarter.

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Montero Mining and Exploration Company Profile (CVE:MON)

Montero Mining and Exploration Ltd., together with its subsidiaries, engages in the identification, acquisition, evaluation, and exploration of mineral properties in Africa. The company focuses on exploring lithium, rare earths, phosphates, and battery metals. Its principal property is the Soris Lithium project located in central Namibia.

Further Reading: Understanding Price to Earnings Ratio (PE)

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