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

Macarthur Minerals Limited (CVE:MMSGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 6000 shares changing hands. The stock had previously closed at C$0.03.

Macarthur Minerals Stock Performance

The company has a market cap of C$7.81 million, a P/E ratio of -1.48 and a beta of 1.81. 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 business has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.05.

About Macarthur Minerals

(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.

Further Reading

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