Macarthur Minerals (CVE:MMS) Sets New 1-Year Low – Time to Sell?

Macarthur Minerals Limited (CVE:MMSGet Free Report)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 15000 shares changing hands. The stock had previously closed at C$0.04.

Macarthur Minerals Stock Performance

The firm has a market capitalization of C$11.15 million, a P/E ratio of -2.11 and a beta of 1.81. The stock has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.05. The company has a quick ratio of 5.59, a current ratio of 0.60 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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