Macarthur Minerals (CVE:MMS) Sets New 1-Year Low – Here’s What Happened

Macarthur Minerals Limited (CVE:MMSGet Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 88000 shares. The stock had previously closed at C$0.04.

Macarthur Minerals Stock Performance

The company’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The stock has a market cap of C$6.69 million, a P/E ratio of -1.27 and a beta of 1.81. The company has a debt-to-equity ratio of 0.89, a quick ratio of 5.59 and a current ratio of 0.60.

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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