Macarthur Minerals Limited (CVE:MMS – Get Free Report)’s stock price shot up 50% on Tuesday . The company traded as high as C$0.02 and last traded at C$0.02. 626,600 shares traded hands during trading, an increase of 193% from the average session volume of 213,675 shares. The stock had previously closed at C$0.01.
Macarthur Minerals Stock Performance
The stock has a market cap of C$3.35 million, a price-to-earnings ratio of -0.63 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’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.04.
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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