Macarthur Minerals (CVE:MMS) Reaches New 1-Year Low – Here’s What Happened

Shares of Macarthur Minerals Limited (CVE:MMSGet Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 120000 shares. The stock had previously closed at C$0.05.

Macarthur Minerals Trading Down 12.5 %

The firm has a market cap of C$6.99 million, a P/E ratio of -1.17 and a beta of 1.81. The company’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05. The company has a quick ratio of 5.59, a current ratio of 0.21 and a debt-to-equity ratio of 1.28.

Macarthur Minerals Company Profile

(Get Free Report)

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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