Mammoth Resources (CVE:MTH) Sets New 12-Month Low – What’s Next?

Mammoth Resources Corp. (CVE:MTH)’s stock price reached a new 52-week low on Friday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 10000 shares trading hands. The stock had previously closed at C$0.02.

Mammoth Resources Stock Performance

The company has a debt-to-equity ratio of -4.87, a current ratio of 0.16 and a quick ratio of 5.53. The stock has a market cap of C$2.13 million, a P/E ratio of -2.00 and a beta of 2.90. The stock has a 50-day simple moving average of C$0.03 and a 200-day simple moving average of C$0.04.

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.