Macarthur Minerals (CVE:MMS) Reaches New 1-Year Low – Time to Sell?

Shares of Macarthur Minerals Limited (CVE:MMSGet Free Report) hit a new 52-week low on Thursday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 309000 shares changing hands. The stock had previously closed at C$0.04.

Macarthur Minerals Price Performance

The company has a debt-to-equity ratio of 0.89, a quick ratio of 5.59 and a current ratio of 0.60. The company has a market cap of C$7.81 million, a price-to-earnings ratio of -1.48 and a beta of 1.81. The business has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.05.

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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