Montero Mining and Exploration
MXTRF (OTC)
Montero Mining and Exploration, a TSX-Venture listed company with shares priced at CA$0.65, presents an interesting investment opportunity, boasting a remarkable dividend yield of over 1161%. Despite a mixed consensus rating of "Neutral" among analysts—where 3 recommend buying, 5 suggest selling, and 4 advise holding—the firm has shown a solid 1-year return of 57.75% and a modest 5-year return of 3.31%.
Pros:
- Positive 1-year return
- Focus on gold and copper exploration
Cons:
- Low market cap of CA$5.51M
- High volatility with a beta of 1.49
Montero Mining and Exploration (MXTRF) may be suitable for investors seeking exposure to the mining sector who are comfortable with a higher risk profile, given its volatile performance and mixed analyst ratings. While the recent 1-year return of 57.75% is promising, potential investors should carefully consider the lack of dividends and the overall mixed outlook before making a decision.