Macarthur Minerals (CVE:MMS) Hits New 52-Week Low – Time to Sell?

Macarthur Minerals Limited (CVE:MMSGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 153000 shares. The stock had previously closed at C$0.06.

Macarthur Minerals Price Performance

The company has a market cap of C$10.98 million, a P/E ratio of -1.83 and a beta of 1.81. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.21 and a quick ratio of 5.59. The business’s 50 day moving average price is C$0.06 and its 200-day moving average price is C$0.06.

Macarthur Minerals (CVE:MMSGet Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The company reported C($0.01) earnings per share (EPS) for the quarter.

About Macarthur Minerals

(Get Free Report)

Macarthur Minerals Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral resource properties. It primarily explores for gold, lithium, iron ore, and nickel deposits. The company holds interests in three iron ore projects in the Yilgarn region of Western Australia; two exploration project areas in the Pilbara, Western Australia targeting iron ore; and lithium brine interests in the Railroad Valley, Nevada, the United States.

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