Mammoth Resources Corp. (CVE:MTH – Get Free Report) reached a new 52-week low during trading on Thursday. The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 311,000 shares changing hands. The stock had previously closed at C$0.03.
Mammoth Resources Trading Down 33.3%
The company has a current ratio of 0.11, a quick ratio of 5.53 and a debt-to-equity ratio of -3.41. The business’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The firm has a market cap of C$2.13 million, a P/E ratio of -2.00 and a beta of 3.02.
Mammoth Resources Company Profile
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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