Macarthur Minerals (CVE:MMS) Sets New 1-Year Low – Should You Sell?

Macarthur Minerals Limited (CVE:MMSGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 15000 shares traded. The stock had previously closed at C$0.06.

Macarthur Minerals Price Performance

The company has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.06. The company has a current ratio of 0.21, a quick ratio of 5.59 and a debt-to-equity ratio of 1.28. The firm has a market cap of C$9.98 million, a P/E ratio of -1.83 and a beta of 1.81.

Macarthur Minerals (CVE:MMSGet Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C($0.01) EPS for the quarter.

About Macarthur Minerals

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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.

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