Macarthur Minerals (CVE:MMS) Hits New 1-Year Low – What’s Next?

by · The Cerbat Gem

Macarthur Minerals Limited (CVE:MMS – Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 48000 shares trading hands. The stock had previously closed at C$0.04.

Macarthur Minerals Stock Performance

The company has a market capitalization of C$7.99 million, a price-to-earnings ratio of -1.33 and a beta of 1.81. The company has a current ratio of 0.21, a quick ratio of 5.59 and a debt-to-equity ratio of 1.28. The stock has a 50-day simple moving average of C$0.05 and a 200-day simple moving average of C$0.06.

About Macarthur Minerals

(Get Free Report)

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.

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