Macarthur Minerals Limited (CVE:MMS – Get Free Report) fell 40% on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 1,305,000 shares traded hands during 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 Stock Up 50.0 %
The firm has a market capitalization of C$3.35 million, a PE ratio of -0.63 and a beta of 1.81. 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 business’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.04.
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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