Mammoth Resources (CVE:MTH) Shares Down 18.8% – Should You Sell?

Shares of Mammoth Resources Corp. (CVE:MTHGet Free Report) were down 18.8% on Monday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 214,701 shares were traded during trading, an increase of 120% from the average daily volume of 97,565 shares. The stock had previously closed at C$0.08.

Mammoth Resources Stock Performance

The company has a quick ratio of 5.53, a current ratio of 0.01 and a debt-to-equity ratio of -7.15. The company has a market capitalization of C$6.93 million, a PE ratio of -6.50 and a beta of 4.02. The business has a 50 day simple moving average of C$0.05 and a 200 day simple moving average of C$0.05.

About Mammoth Resources

(Get Free Report)

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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