Mammoth Resources Corp. (CVE:MTH – Get Free Report)’s share price traded up 36.4% on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 205,000 shares traded hands during trading, an increase of 176% from the average session volume of 74,157 shares. The stock had previously closed at C$0.06.
Mammoth Resources Stock Performance
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 company has a market cap of C$7.99 million, a PE ratio of -7.50 and a beta of 4.02. The company’s 50 day moving average price is C$0.05 and its 200-day moving average price is C$0.05.
About Mammoth Resources
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. The company was formerly known as Mammoth Capital Corp. and changed its name to Mammoth Resources Corp.
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