Macarthur Minerals (CVE:MMS) Trading Up 50% – What’s Next?

Macarthur Minerals Limited (CVE:MMSGet Free Report) shares traded up 50% during trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. 612,000 shares traded hands during trading, an increase of 195% from the average session volume of 207,760 shares. The stock had previously closed at C$0.01.

Macarthur Minerals Trading Up 50.0 %

The firm has a market cap of C$3.35 million, a PE ratio of -0.63 and a beta of 1.81. The firm has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The company has a current ratio of 0.60, a quick ratio of 5.59 and a debt-to-equity ratio of 0.89.

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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