Macarthur Minerals (CVE:MMS) Sets New 12-Month Low – Should You Sell?

Shares of Macarthur Minerals Limited (CVE:MMSGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 153000 shares. The stock had previously closed at C$0.06.

Macarthur Minerals Price Performance

The firm has a 50 day moving average of C$0.06 and a 200-day moving average of 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. The stock has a market capitalization of C$10.98 million, a P/E ratio of -1.83 and a beta of 1.81.

Macarthur Minerals (CVE:MMSGet Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported C($0.01) earnings per share (EPS) for the quarter.

Macarthur Minerals Company Profile

(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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