Mammoth Resources (CVE:MTH) Sets New 1-Year Low – Time to Sell?

Mammoth Resources Corp. (CVE:MTH) shares hit a new 52-week low on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 13000 shares. The stock had previously closed at C$0.03.

Mammoth Resources Price Performance

The company has a debt-to-equity ratio of -4.87, a quick ratio of 5.53 and a current ratio of 0.16. The stock has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.04. The firm has a market cap of C$2.13 million, a PE ratio of -2.00 and a beta of 2.90.

Mammoth Resources Company Profile

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.