Macarthur Minerals Limited (CVE:MMS – Get Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 309000 shares changing hands. The stock had previously closed at C$0.04.
Macarthur Minerals Stock Down 12.5 %
The company has a quick ratio of 5.59, a current ratio of 0.60 and a debt-to-equity ratio of 0.89. The firm has a market cap of C$7.81 million, a P/E ratio of -1.48 and a beta of 1.81. The stock’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.05.
About Macarthur Minerals
Macarthur Minerals Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral resource properties. It primarily explores for gold, lithium, iron ore, and nickel deposits. The company holds interests in three iron ore projects in the Yilgarn region of Western Australia; two exploration project areas in the Pilbara, Western Australia targeting iron ore; and lithium brine interests in the Railroad Valley, Nevada, the United States.
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