Macarthur Minerals (CVE:MMS) Shares Pass Above 200 Day Moving Average of $0.08

Shares of Macarthur Minerals Limited (CVE:MMS) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.08 and traded as high as $0.07. Macarthur Minerals shares last traded at $0.07, with a volume of 186,000 shares traded.

The company has a quick ratio of 0.17, a current ratio of 0.19 and a debt-to-equity ratio of 1.52. The company has a market cap of $20.78 million and a PE ratio of -5.00. The stock has a 50-day moving average of C$0.07 and a 200-day moving average of C$0.08.

Macarthur Minerals Company Profile (CVE:MMS)

Macarthur Minerals Limited engages in the exploration and evaluation mineral resource properties in Australia and Nevada. It primarily explores for gold, lithium, iron ore, nickel, and cobalt deposits. The company holds 100% interests in three iron ore projects in the Yilgarn region of Western Australia; various project areas in the Pilbara, Western Australia for conglomerate gold, hard rock greenstone gold, and hard rock lithium; and lithium brine interests in the Railroad Valley, Nevada.

Further Reading: Cost of Debt

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