Shares of Quaterra Resources Inc (OTCMKTS:QTRRF) were down 12.7% on Wednesday . The company traded as low as $0.05 and last traded at $0.05, approximately 280 shares changed hands during mid-day trading. A decline of 100% from the average daily volume of 89,457 shares. The stock had previously closed at $0.06.
The firm’s fifty day simple moving average is $0.05. The company has a debt-to-equity ratio of 0.03, a quick ratio of 60.89 and a current ratio of 60.90.
About Quaterra Resources (OTCMKTS:QTRRF)
Quaterra Resources Inc operates as a copper exploration and development company primarily in North America. It holds 100% interests in the MacArthur, Yerington, Bear, and Wassuk copper properties located in the Yerington District, Nevada, as well as an option to acquire a 90% interest in the Groundhog copper prospect covering 40,000 acres located to the southwest of Anchorage, Alaska.
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