Macarthur Minerals (CVE:MMS) Sets New 52-Week Low – Should You Sell?

Macarthur Minerals Limited (CVE:MMSGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 10000 shares trading hands. The stock had previously closed at C$0.06.

Macarthur Minerals Stock Down 9.1 %

The company has a quick ratio of 5.59, a current ratio of 0.21 and a debt-to-equity ratio of 1.28. The firm has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.06. The stock has a market cap of C$9.98 million, a P/E ratio of -1.67 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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