Macarthur Minerals Limited (CVE:MMS – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 48000 shares changing hands. The stock had previously closed at C$0.04.
Macarthur Minerals Price Performance
The firm has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.06. The company has a market capitalization of C$7.99 million, a PE ratio of -1.33 and a beta of 1.81. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.21 and a quick ratio of 5.59.
About Macarthur Minerals
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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