Mammoth Resources (CVE:MTH) Reaches New 52-Week High – Time to Buy?

Mammoth Resources Corp. (CVE:MTH)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03, with a volume of 2500 shares changing hands. The stock had previously closed at C$0.02.

Mammoth Resources Trading Up 50.0 %

The company has a debt-to-equity ratio of -7.15, a quick ratio of 5.53 and a current ratio of 0.01. The firm has a market capitalization of C$2.02 million, a P/E ratio of -3.13 and a beta of 2.05. The firm has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02.

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.