Macarthur Minerals (CVE:MMS) Sets New 12-Month Low – Here’s What Happened

Macarthur Minerals Limited (CVE:MMS)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.04, with a volume of 5000 shares traded. The stock had previously closed at C$0.03.

Macarthur Minerals Stock Up 16.7 %

The company has a debt-to-equity ratio of 0.89, a quick ratio of 5.59 and a current ratio of 0.60. The company has a market capitalization of C$7.81 million, a PE ratio of -1.48 and a beta of 1.81. The company’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.05.

Macarthur Minerals Company Profile

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.