Canterra Minerals (CVE:CTM) Trading 5% Higher – Should You Buy?

Canterra Minerals Co. (CVE:CTMGet Free Report)’s share price traded up 5% during trading on Monday . The company traded as high as C$0.11 and last traded at C$0.11. 1,260,214 shares traded hands during trading, an increase of 255% from the average session volume of 354,741 shares. The stock had previously closed at C$0.10.

Canterra Minerals Trading Up 5.0 %

The stock has a market cap of C$29.30 million, a price-to-earnings ratio of -5.25 and a beta of -2.63. The firm’s 50 day moving average is C$0.05 and its two-hundred day moving average is C$0.05.

Canterra Minerals Company Profile

(Get Free Report)

Canterra Minerals Corporation, a resource company, engages in the acquisition, exploration, and evaluation of mineral properties in the Northwest Territories and Alberta. It holds diamond properties in the Northwest Territories and Alberta, as well as focuses on gold exploration in Newfoundland. The company holds interest in the Wilding gold project covering an area of 23,600 hectares located in central Newfoundland; Buffalo Hills property that comprises 21 mineral leases covering an area of 4,848 hectares located in Alberta, Canada; and the Clipper Brook property that comprises of 5 mineral licenses totaling 122.5 square kilometers located to the northeast strike extent of the Rogerson Lake Structural Corridor.

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