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NEW YORK ( TheStreet) -- Minefinders (AMEX: MFN) hit a new 52-week high Monday as it traded at $11.92 compared with its previous 52-Week high of $11.88. Minefinders is changing hands at $11.92 with one million shares traded as of 3:46 p.m. ET. Average volume has been 607,900 shares over the past 30 days. Minefinders has a market cap of $887.1 million and is part of the basic materials sector and metals & mining industry. Shares are up 2.2% year to date as of the close of trading on Friday. Minefinders Corporation Ltd. engages in the exploration, development, and mining of precious and base metal properties in Mexico and the United States. The company has a P/E ratio of 123.7, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 15.8.