Macarthur Minerals (CVE:MMS) Hits New 1-Year Low – What’s Next?

Shares of Macarthur Minerals Limited (CVE:MMSGet Free Report) hit 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 48000 shares trading hands. The stock had previously closed at C$0.04.

Macarthur Minerals Stock Up 12.5 %

The business’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.05. The firm has a market capitalization of C$8.99 million, a price-to-earnings ratio of -1.50 and a beta of 1.81. The company has a debt-to-equity ratio of 1.28, a quick ratio of 5.59 and a current ratio of 0.21.

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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