Mammoth Resources (CVE:MTH) Sets New 52-Week Low – Time to Sell?

Shares of Mammoth Resources Corp. (CVE:MTHGet Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 19518 shares. The stock had previously closed at C$0.02.

Mammoth Resources Stock Performance

The company has a quick ratio of 5.53, a current ratio of 0.16 and a debt-to-equity ratio of -4.87. The company has a market capitalization of C$2.13 million, a PE ratio of -2.00 and a beta of 2.90. The stock’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04.

About Mammoth Resources

(Get Free Report)

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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