Mammoth Resources (CVE:MTH) Sets New 1-Year Low – Here’s What Happened

Mammoth Resources Corp. (CVE:MTHGet Free Report) hit a new 52-week low on Friday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 52500 shares. The stock had previously closed at C$0.04.

Mammoth Resources Stock Performance

The business’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.05. The company has a debt-to-equity ratio of -4.87, a current ratio of 0.16 and a quick ratio of 5.53. The stock has a market capitalization of C$2.13 million, a PE ratio of -2.00 and a beta of 2.90.

About Mammoth Resources

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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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