Mammoth Resources Corp. (CVE:MTH – Get Free Report)’s share price shot up 36.4% during trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 205,000 shares were traded during trading, an increase of 176% from the average session volume of 74,157 shares. The stock had previously closed at C$0.06.
Mammoth Resources Price Performance
The company has a market capitalization of C$7.99 million, a price-to-earnings ratio of -7.50 and a beta of 4.02. The stock has a fifty day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05. 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
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. The company was formerly known as Mammoth Capital Corp. and changed its name to Mammoth Resources Corp.
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