Mammoth Resources (CVE:MTH) Hits New 1-Year Low – Time to Sell?

Mammoth Resources Corp. (CVE:MTH) shares reached a new 52-week low on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 19518 shares traded. The stock had previously closed at C$0.02.

Mammoth Resources Stock Up 25.0%

The company’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.04. The firm has a market cap of C$2.66 million, a PE ratio of -2.50 and a beta of 2.90. The company has a current ratio of 0.16, a quick ratio of 5.53 and a debt-to-equity ratio of -4.87.

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. The company was formerly known as Mammoth Capital Corp. and changed its name to Mammoth Resources Corp.