Macarthur Minerals (CVE:MMS) Reaches New 52-Week Low – Should You Sell?

Macarthur Minerals Limited (CVE:MMSGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 18000 shares changing hands. The stock had previously closed at C$0.04.

Macarthur Minerals Stock Up 14.3 %

The firm has a market capitalization of C$7.99 million, a P/E ratio of -1.33 and a beta of 1.81. The firm’s 50 day moving average is C$0.05 and its two-hundred day moving average is C$0.06. 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

(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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