Mammoth Resources (CVE:MTH) Hits New 1-Year Low at $0.05

Mammoth Resources Corp. (CVE:MTHGet Rating)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.06, with a volume of 88735 shares changing hands. The stock had previously closed at C$0.07.

The firm’s fifty day moving average price is C$0.08 and its 200-day moving average price is C$0.10. The company has a current ratio of 6.65, a quick ratio of 6.65 and a debt-to-equity ratio of 0.73. The firm has a market cap of C$2.69 million and a price-to-earnings ratio of -4.00.

Mammoth Resources Company Profile (CVE:MTH)

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 approximately 5,333 hectares located in the Sierra Madre precious metal belt in southwestern Chihuahua State, Mexico.

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