Shares of Mammoth Resources Corp. (CVE:MTH – Get Free Report) were up 33.3% on Saturday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 287,000 shares were traded during trading, an increase of 224% from the average daily volume of 88,554 shares. The stock had previously closed at C$0.06.
Mammoth Resources Stock Up 33.3%
The stock has a market cap of C$8.52 million, a price-to-earnings ratio of -8.00 and a beta of 4.02. The business’s 50 day moving average is C$0.05 and its 200-day moving average is C$0.05. The company has a debt-to-equity ratio of -7.15, a quick ratio of 5.53 and a current ratio of 0.01.
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. The company was formerly known as Mammoth Capital Corp. and changed its name to Mammoth Resources Corp.
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