Mammoth Resources (CVE:MTH) Sets New 52-Week Low – Time to Sell?

Mammoth Resources Corp. (CVE:MTHGet Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 19518 shares. The stock had previously closed at C$0.02.

Mammoth Resources Price Performance

The company has a market cap of C$2.13 million, a price-to-earnings ratio of -2.00 and a beta of 2.90. The company has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The company has a quick ratio of 5.53, a current ratio of 0.16 and a debt-to-equity ratio of -4.87.

About Mammoth Resources

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Mammoth Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mining properties in Mexico. It holds a 100% interest in the Tenoriba property consisting of four concessions, including Mapy, Mapy 2, Mapy 3, and Fernanda covering a land package of totalling 5,333 hectares located in the Sierra Madre precious metal belt in southwestern Chihuahua State, Mexico. The company was formerly known as Mammoth Capital Corp. and changed its name to Mammoth Resources Corp.

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