Shares of Mammoth Resources Corp. (CVE:MTH – Get Free Report) traded down 14.3% during mid-day trading on Friday . The company traded as low as C$0.06 and last traded at C$0.06. 119,730 shares were traded during mid-day trading, an increase of 66% from the average session volume of 72,017 shares. The stock had previously closed at C$0.07.
Mammoth Resources Stock Performance
The stock has a 50-day moving average price of C$0.05 and a 200 day moving average price of C$0.05. The company has a quick ratio of 5.53, a current ratio of 0.01 and a debt-to-equity ratio of -7.15. The firm has a market capitalization of C$8.52 million, a price-to-earnings ratio of -8.00 and a beta of 4.02.
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. The company was formerly known as Mammoth Capital Corp. and changed its name to Mammoth Resources Corp.
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