Fundamental Research Analysts Give Mammoth Resources (CVE:MTH) a C$0.16 Price Target

Fundamental Research set a C$0.16 price target on Mammoth Resources (CVE:MTH) in a research note issued to investors on Friday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Mammoth Resources Stock Up 33.3 %

CVE MTH opened at C$0.02 on Friday. The business’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The company has a quick ratio of 5.53, a current ratio of 1.67 and a debt-to-equity ratio of 0.14. The firm has a market cap of C$1.35 million, a PE ratio of -4.38 and a beta of 1.96. Mammoth Resources has a 52 week low of C$0.01 and a 52 week high of C$0.03.

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.