Macarthur Minerals (CVE:MMS) Stock Price Down 8.3%

Macarthur Minerals Limited (CVE:MMS) shares fell 8.3% during mid-day trading on Friday . The stock traded as low as C$0.06 and last traded at C$0.06. 185,398 shares were traded during trading, an increase of 202% from the average session volume of 61,393 shares. The stock had previously closed at C$0.06.

Macarthur Minerals Stock Performance

The stock has a market capitalization of C$9.46 million, a price-to-earnings ratio of 6.00 and a beta of 1.96. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.43 and a quick ratio of 5.59. The stock has a 50-day moving average of C$0.06 and a 200 day moving average of C$0.08.

Macarthur Minerals (CVE:MMS) last issued its quarterly earnings results on Friday, June 28th. The company reported C($0.01) EPS for the quarter. Macarthur Minerals had a return on equity of 2.07% and a net margin of 2,001.08%.

Macarthur Minerals Company Profile

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.