Mammoth Resources (CVE:MTH) Reaches New 52-Week High – Time to Buy?

Mammoth Resources Corp. (CVE:MTHGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as C$0.03 and last traded at C$0.03, with a volume of 506693 shares changing hands. The stock had previously closed at C$0.03.

Mammoth Resources Price Performance

The company has a debt-to-equity ratio of -7.15, a current ratio of 0.01 and a quick ratio of 5.53. The business’s fifty day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The stock has a market capitalization of C$2.02 million, a price-to-earnings ratio of -3.13 and a beta of 2.05.

Mammoth Resources Company Profile

(Get Free Report)

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.

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