Mammoth Resources (CVE:MTH) Sets New 52-Week Low – Should You Sell?

Mammoth Resources Corp. (CVE:MTH) hit a new 52-week low on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 222000 shares changing hands. The stock had previously closed at C$0.02.

Mammoth Resources Price Performance

The company’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The firm has a market capitalization of C$673,300.00, a price-to-earnings ratio of -1.00 and a beta of 2.05. The company has a quick ratio of 5.53, a current ratio of 0.02 and a debt-to-equity ratio of 0.14.

Mammoth Resources Company Profile

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.