Mammoth Resources Corp. (CVE:MTH – Get Free Report) shares were down 14.3% during trading on Friday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 119,730 shares changed hands during mid-day trading, an increase of 66% from the average daily volume of 72,017 shares. The stock had previously closed at C$0.07.
Mammoth Resources Stock Performance
The company has a debt-to-equity ratio of -7.15, a current ratio of 0.01 and a quick ratio of 5.53. The company has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05. The stock has a market cap of C$8.52 million, a P/E 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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