Shares of Macarthur Minerals Limited (CVE:MMS – Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 120000 shares trading hands. The stock had previously closed at C$0.05.
Macarthur Minerals Price Performance
The company has a market cap of C$6.99 million, a PE ratio of -1.17 and a beta of 1.81. The firm has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.05. The company has a quick ratio of 5.59, a current ratio of 0.21 and a debt-to-equity ratio of 1.28.
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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