Mammoth Resources Corp. (CVE:MTH – Get Free Report) shares dropped 33.3% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 435,530 shares changed hands during mid-day trading, an increase of 475% from the average daily volume of 75,695 shares. The stock had previously closed at C$0.03.
Mammoth Resources Stock Down 42.9%
The stock has a market cap of C$2.13 million, a PE ratio of -2.00 and a beta of 2.90. The business has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.05. The company has a current ratio of 0.16, a quick ratio of 5.53 and a debt-to-equity ratio of -4.87.
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.
Further Reading
- Five stocks we like better than Mammoth Resources
- MarketBeat Week in Review – 07/20- 07/24
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
Receive News & Ratings for Mammoth Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mammoth Resources and related companies with MarketBeat.com's FREE daily email newsletter.
