Macarthur Minerals (CVE:MMS) Stock Price Up 42.9% – Should You Buy?

by · The Markets Daily

Macarthur Minerals Limited (CVE:MMS – Get Free Report)’s share price was up 42.9% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 212,000 shares were traded during mid-day trading, an increase of 112% from the average daily volume of 100,072 shares. The stock had previously closed at C$0.04.

Macarthur Minerals Trading Up 42.9 %

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 stock has a 50-day moving average of C$0.04 and a two-hundred day moving average of C$0.05. The company has a market cap of C$11.15 million, a P/E ratio of -2.11 and a beta of 1.81.

Macarthur Minerals Company Profile

(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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