Macarthur Minerals (CVE:MMS) Hits New 52-Week Low – Here’s Why

Shares of Macarthur Minerals Limited (CVE:MMSGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 18000 shares traded. The stock had previously closed at C$0.04.

Macarthur Minerals Stock Performance

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 business has a 50 day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.06. The firm has a market cap of C$7.99 million, a PE ratio of -1.33 and a beta of 1.81.

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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