Macarthur Minerals (CVE:MMS) Reaches New 52-Week Low – What’s Next?

Macarthur Minerals Limited (CVE:MMSGet Free Report)’s stock price hit a new 52-week low on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 22375 shares traded. The stock had previously closed at C$0.05.

Macarthur Minerals Trading Up 14.3 %

The company has a debt-to-equity ratio of 1.28, a quick ratio of 5.59 and a current ratio of 0.21. The business has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.06. The company has a market capitalization of C$7.99 million, a P/E ratio of -1.33 and a beta of 1.81.

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.

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