Shares of Mammoth Resources Corp. (CVE:MTH – Get Free Report) reached a new 52-week low on Thursday. The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 311,000 shares traded. The stock had previously closed at C$0.03.
Mammoth Resources Stock Down 33.3%
The stock has a market capitalization of C$2.13 million, a price-to-earnings ratio of -2.00 and a beta of 3.02. The firm’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.04. The company has a debt-to-equity ratio of -3.41, a current ratio of 0.11 and a quick ratio of 5.53.
About Mammoth Resources
Mammoth Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mining properties in Mexico. It holds a 100% interest in the Tenoriba property consisting of four concessions, including Mapy, Mapy 2, Mapy 3, and Fernanda covering a land package of totalling 5,333 hectares located in the Sierra Madre precious metal belt in southwestern Chihuahua State, Mexico. The company was formerly known as Mammoth Capital Corp. and changed its name to Mammoth Resources Corp.
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