Macarthur Minerals Limited (CVE:MMS – Get Free Report)’s stock price fell 40% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 1,305,000 shares were traded during mid-day trading, an increase of 1,001% from the average session volume of 118,530 shares. The stock had previously closed at C$0.03.
Macarthur Minerals Trading Down 40.0 %
The company has a current ratio of 0.60, a quick ratio of 5.59 and a debt-to-equity ratio of 0.89. The company has a fifty day simple moving average of C$0.03 and a 200-day simple moving average of C$0.04. The company has a market capitalization of C$3.35 million, a PE ratio of -0.63 and a beta of 1.81.
About Macarthur Minerals
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.
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