Fundamental Research Analysts Give Mammoth Resources (CVE:MTH) a C$0.16 Price Target

Fundamental Research set a C$0.16 price objective on Mammoth Resources (CVE:MTH) in a report published on Friday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Mammoth Resources Stock Up 33.3 %

MTH stock opened at C$0.02 on Friday. The firm’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The company has a market capitalization of C$1.35 million, a price-to-earnings ratio of -4.38 and a beta of 1.96. Mammoth Resources has a 52 week low of C$0.01 and a 52 week high of C$0.03. The company has a current ratio of 1.67, a quick ratio of 5.53 and a debt-to-equity ratio of 0.14.

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.