Mammoth Resources Corp. (CVE:MTH – Get Free Report) reached a new 52-week low during trading on Friday. The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 39,000 shares changing hands. The stock had previously closed at C$0.03.
Mammoth Resources Stock Down 33.3%
The stock has a market cap of C$2.13 million, a price-to-earnings ratio of -2.00 and a beta of 3.52. The firm has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The company has a debt-to-equity ratio of -3.41, a current ratio of 0.11 and a quick ratio of 5.53.
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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