Mammoth Resources Corp. (CVE:MTH – Get Free Report) shares hit a new 52-week low during trading on Thursday. The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 311,000 shares trading hands. The stock had previously closed at C$0.03.
Mammoth Resources Stock Performance
The firm has a market capitalization of C$2.13 million, a P/E ratio of -2.00 and a beta of 3.02. The business’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The company has a quick ratio of 5.53, a current ratio of 0.11 and a debt-to-equity ratio of -3.41.
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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