Mammoth Resources (CVE:MTH) Reaches New 12-Month Low – Should You Sell?

Mammoth Resources Corp. (CVE:MTHGet Free Report)’s share price hit a new 52-week low during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 52500 shares traded. The stock had previously closed at C$0.04.

Mammoth Resources Stock Down 42.9%

The company has a market capitalization of C$2.13 million, a PE ratio of -2.00 and a beta of 2.90. The company has a debt-to-equity ratio of -4.87, a quick ratio of 5.53 and a current ratio of 0.16. The firm’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is C$0.05.

Mammoth Resources Company Profile

(Get Free Report)

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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