Macarthur Minerals (CVE:MMS) Hits New 52-Week Low – Here’s What Happened

Macarthur Minerals Limited (CVE:MMSGet Free Report) shares reached a new 52-week low on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 22375 shares. The stock had previously closed at C$0.05.

Macarthur Minerals Price Performance

The company’s 50-day moving average price is C$0.05 and its two-hundred day moving average price is C$0.06. The company has a market cap of C$8.99 million, a P/E ratio of -1.50 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.

About Macarthur Minerals

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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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