Macarthur Minerals Limited (CVE:MMS – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 380000 shares trading hands. The stock had previously closed at C$0.04.
Macarthur Minerals Stock Down 12.5 %
The firm’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.05. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.60 and a quick ratio of 5.59. The firm has a market capitalization of C$7.81 million, a P/E ratio of -1.48 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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