Mammoth Resources Corp. (CVE:MTH – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 1,000 shares traded. The stock had previously closed at C$0.03.
Mammoth Resources Price Performance
The firm has a market cap of C$2.13 million, a price-to-earnings ratio of -2.00 and a beta of 3.52. The company has a quick ratio of 5.53, a current ratio of 0.11 and a debt-to-equity ratio of -3.41. The company’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03.
About Mammoth Resources
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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