Mammoth Resources (CVE:MTH) PT Set at C$0.16 by Fundamental Research

Mammoth Resources (CVE:MTH) has been given a C$0.16 price target by research analysts at Fundamental Research in a research report issued to clients and investors on Friday, BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock.

Mammoth Resources Price Performance

Mammoth Resources stock traded up C$0.01 during midday trading on Friday, reaching C$0.02. 80,000 shares of the company were exchanged, compared to its average volume of 64,817. The company has a market capitalization of C$1.35 million, a price-to-earnings ratio of -4.38 and a beta of 1.96. The firm’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. Mammoth Resources has a 1 year low of C$0.01 and a 1 year high of C$0.03. The company has a debt-to-equity ratio of 0.14, a quick ratio of 5.53 and a current ratio of 1.67.

About Mammoth Resources

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.