Macarthur Minerals (CVE:MMS) Reaches New 12-Month Low – Here’s What Happened

Macarthur Minerals Limited (CVE:MMSGet Free Report) shares hit a new 52-week low on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 10000 shares traded. The stock had previously closed at C$0.06.

Macarthur Minerals Price Performance

The firm’s 50-day moving average price is C$0.06 and its two-hundred day moving average price is C$0.06. The stock has a market cap of C$9.98 million, a PE ratio of -1.67 and a beta of 1.81. The company has a current ratio of 0.21, a quick ratio of 5.59 and a debt-to-equity ratio of 1.28.

Macarthur Minerals Company Profile

(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.

Further Reading

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