Macarthur Minerals (CVE:MMS) Hits New 12-Month Low at $0.08

Macarthur Minerals Limited (CVE:MMS) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 9000 shares traded. The stock had previously closed at C$0.07.

Macarthur Minerals Price Performance

The company has a current ratio of 0.43, a quick ratio of 5.59 and a debt-to-equity ratio of 1.40. The firm has a market cap of C$12.04 million, a price-to-earnings ratio of 7.00 and a beta of 2.01. The company’s 50-day moving average is C$0.10 and its 200-day moving average is C$0.12.

Macarthur Minerals (CVE:MMS) last posted its quarterly earnings results on Wednesday, February 14th. The company reported C$0.03 earnings per share (EPS) for the quarter. Macarthur Minerals had a net margin of 2,001.08% and a return on equity of 2.07%.

Macarthur Minerals Company Profile

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.