Mammoth Resources Corp. (CVE:MTH – Get Free Report)’s stock price dropped 14.3% on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 154,000 shares changed hands during mid-day trading, an increase of 95% from the average session volume of 78,806 shares. The stock had previously closed at C$0.04.
Mammoth Resources Price Performance
The business’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.05. The company has a debt-to-equity ratio of -2.24, a current ratio of 0.24 and a quick ratio of 5.53. The firm has a market cap of C$3.20 million, a PE ratio of -3.00 and a beta of 2.73.
About Mammoth Resources
Mammoth Resources Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mining properties in Mexico. It holds a 100% interest in the Tenoriba property consisting of four concessions, including Mapy, Mapy 2, Mapy 3, and Fernanda covering a land package of totalling 5,333 hectares located in the Sierra Madre precious metal belt in southwestern Chihuahua State, Mexico. The company was formerly known as Mammoth Capital Corp. and changed its name to Mammoth Resources Corp.
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