Macarthur Minerals Limited (CVE:MMS – Get Free Report) fell 14.3% during mid-day trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. 144,000 shares changed hands during trading, an increase of 35% from the average session volume of 106,896 shares. The stock had previously closed at C$0.04.
Macarthur Minerals Price Performance
The company has a market capitalization of C$6.69 million, a PE ratio of -1.27 and a beta of 1.81. The company has a current ratio of 0.60, a quick ratio of 5.59 and a debt-to-equity ratio of 0.89. The stock has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.05.
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.
Further Reading
- Five stocks we like better than Macarthur Minerals
- Basic Materials Stocks Investing
- FedEx Delivers Another Crushing Blow to Its Stock Price
- Golden Cross Stocks: Pattern, Examples and Charts
- Analysts Stay Bullish on Rocket Lab as Signs of a Bottom Emerge
- What Are the U.K. Market Holidays? How to Invest and Trade
- Micron Stock Will Retest All-Time Highs This Year
Receive News & Ratings for Macarthur Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Macarthur Minerals and related companies with MarketBeat.com's FREE daily email newsletter.
