Macarthur Minerals (CVE:MMS) Hits New 1-Year Low – Time to Sell?

Macarthur Minerals Limited (CVE:MMS)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 45000 shares traded. The stock had previously closed at C$0.06.

Macarthur Minerals Price Performance

The company has a market capitalization of C$9.98 million, a price-to-earnings ratio of -1.67 and a beta of 1.81. The company has a 50-day moving average price of C$0.06 and a 200-day moving average price of C$0.06. The company has a debt-to-equity ratio of 1.28, a quick ratio of 5.59 and a current ratio of 0.21.

Macarthur Minerals Company Profile

Macarthur Minerals Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral resource properties. It primarily explores for gold, lithium, iron ore, and nickel deposits. The company holds interests in three iron ore projects in the Yilgarn region of Western Australia; two exploration project areas in the Pilbara, Western Australia targeting iron ore; and lithium brine interests in the Railroad Valley, Nevada, the United States.