Mammoth Resources (CVE:MTH) Hits New 52-Week Low at $0.01

Shares of Mammoth Resources Corp. (CVE:MTH) reached a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 310000 shares. The stock had previously closed at C$0.02.

Analyst Ratings Changes

Separately, Fundamental Research set a C$0.16 price objective on shares of Mammoth Resources and gave the company a “buy” rating in a research report on Friday, June 28th.

Mammoth Resources Trading Down 33.3 %

The company has a current ratio of 0.04, a quick ratio of 5.53 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.02. The stock has a market capitalization of C$673,300.00, a price-to-earnings ratio of -1.50 and a beta of 1.97.

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.