Macarthur Minerals (CVE:MMS) Sets New 52-Week Low – Time to Sell?

Macarthur Minerals Limited (CVE:MMSGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 68000 shares changing hands. The stock had previously closed at C$0.05.

Macarthur Minerals Price Performance

The company has a quick ratio of 5.59, a current ratio of 0.21 and a debt-to-equity ratio of 1.28. The company’s fifty day moving average is C$0.05 and its 200 day moving average is C$0.06. The stock has a market cap of C$7.99 million, a PE ratio of -1.33 and a beta of 1.81.

About Macarthur Minerals

(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.

Further Reading

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