Mammoth Resources (CVE:MTH) Reaches New 12-Month High at $0.03

Mammoth Resources Corp. (CVE:MTH)’s share price reached a new 52-week high on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03, with a volume of 56636 shares traded. The stock had previously closed at C$0.02.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$0.16 price objective on shares of Mammoth Resources and gave the company a “buy” rating in a report on Friday.

Mammoth Resources Price Performance

The company has a market capitalization of C$1.68 million, a PE ratio of -4.38 and a beta of 1.96. The company has a debt-to-equity ratio of 0.14, a quick ratio of 5.53 and a current ratio of 1.67. The firm has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02.

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.