Mammoth Resources Corp. (CVE:MTH – Get Free Report) shares rose 50% during mid-day trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 1,082,400 shares were traded during mid-day trading, an increase of 582% from the average daily volume of 158,667 shares. The stock had previously closed at C$0.02.
Mammoth Resources Price Performance
The company’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.02. The company has a market cap of C$2.02 million, a price-to-earnings ratio of -3.13 and a beta of 2.05. The company has a debt-to-equity ratio of -7.15, a quick ratio of 5.53 and a current ratio of 0.01.
About Mammoth Resources
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.
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