Mammoth Resources (CVE:MTH) Shares Down 36.4% – Here’s What Happened

Shares of Mammoth Resources Corp. (CVE:MTHGet Free Report) were down 36.4% during trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 203,000 shares were traded during trading, an increase of 80% from the average daily volume of 112,708 shares. The stock had previously closed at C$0.06.

Mammoth Resources Stock Down 36.4%

The firm has a market cap of C$3.17 million, a P/E ratio of -3.50 and a beta of 3.50. The firm’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.04. The company has a debt-to-equity ratio of -7.15, a current ratio of 0.01 and a quick ratio of 5.53.

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.

Further Reading

Receive News & Ratings for Mammoth Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mammoth Resources and related companies with MarketBeat.com's FREE daily email newsletter.