Mammoth Resources Corp. (CVE:MTH – Get Free Report) shot up 33.3% during mid-day trading on Saturday . The stock traded as high as C$0.08 and last traded at C$0.08. 287,000 shares traded hands during trading, an increase of 224% from the average session volume of 88,554 shares. The stock had previously closed at C$0.06.
Mammoth Resources Price Performance
The company has a debt-to-equity ratio of -7.15, a current ratio of 0.01 and a quick ratio of 5.53. The firm has a market capitalization of C$8.52 million, a price-to-earnings ratio of -8.00 and a beta of 4.02. The business’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05.
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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