Mammoth Resources (CVE:MTH) Hits New 12-Month Low – Here’s Why

Mammoth Resources Corp. (CVE:MTH)’s share price reached a new 52-week low during trading on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 54000 shares traded. The stock had previously closed at C$0.02.

Mammoth Resources Stock Down 33.3 %

The firm has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The company has a current ratio of 0.02, a quick ratio of 5.53 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of C$673,300.00, a price-to-earnings ratio of -1.00 and a beta of 2.05.

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.