Macarthur Minerals (CVE:MMS) Trading Up 50% – Should You Buy?

Macarthur Minerals Limited (CVE:MMSGet Free Report)’s stock price traded up 50% during trading on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. 626,600 shares were traded during mid-day trading, an increase of 193% from the average session volume of 213,675 shares. The stock had previously closed at C$0.01.

Macarthur Minerals Price Performance

The company has a debt-to-equity ratio of 0.89, a current ratio of 0.60 and a quick ratio of 5.59. The company has a fifty day moving average price of C$0.03 and a 200 day moving average price of C$0.04. The company has a market cap of C$3.35 million, a PE ratio of -0.63 and a beta of 1.81.

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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