Mammoth Resources (CVE:MTH) Sets New 1-Year High – What’s Next?

by · The Cerbat Gem

Shares of Mammoth Resources Corp. (CVE:MTH – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03, with a volume of 21000 shares changing hands. The stock had previously closed at C$0.03.

Mammoth Resources Stock Up 20.0 %

The stock has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.02. The company has a market capitalization of C$2.02 million, a PE ratio of -3.13 and a beta of 2.05. The company has a quick ratio of 5.53, a current ratio of 0.01 and a debt-to-equity ratio of -7.15.

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.

Featured Stories