Mammoth Resources (CVE:MTH) Sets New 12-Month Low – Time to Sell?

Mammoth Resources Corp. (CVE:MTH)’s stock price reached a new 52-week low on Tuesday. The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 1,000 shares. The stock had previously closed at C$0.03.

Mammoth Resources Price Performance

The company has a current ratio of 0.11, a quick ratio of 5.53 and a debt-to-equity ratio of -3.41. The company’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The stock has a market cap of C$2.13 million, a price-to-earnings ratio of -2.00 and a beta of 3.52.

Mammoth Resources Company Profile

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.