Macarthur Minerals (CVE:MMS) Reaches New 12-Month Low – Here’s What Happened

Macarthur Minerals Limited (CVE:MMSGet Free Report) shares hit a new 52-week low on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 18000 shares trading hands. The stock had previously closed at C$0.04.

Macarthur Minerals Trading Up 14.3 %

The company has a market cap of C$7.99 million, a price-to-earnings ratio of -1.33 and a beta of 1.81. The company has a current ratio of 0.21, a quick ratio of 5.59 and a debt-to-equity ratio of 1.28. The business’s 50 day moving average price is C$0.05 and its 200-day moving average price is C$0.06.

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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