Macarthur Minerals Limited (CVE:MMS – Get Free Report)’s stock price traded down 14.3% during mid-day trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. 144,000 shares changed hands during trading, an increase of 35% from the average session volume of 106,662 shares. The stock had previously closed at C$0.04.
Macarthur Minerals Stock Performance
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 50 day moving average price of C$0.04 and a 200 day moving average price of C$0.05. The stock has a market cap of C$6.69 million, a P/E ratio of -1.27 and a beta of 1.81.
About Macarthur Minerals
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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