Macarthur Minerals (CVE:MMS) Reaches New 1-Year Low at $0.08

Macarthur Minerals Limited (CVE:MMS)’s share price reached a new 52-week low during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 219500 shares changing hands. The stock had previously closed at C$0.09.

Macarthur Minerals Price Performance

The company has a debt-to-equity ratio of 1.40, a current ratio of 0.43 and a quick ratio of 5.59. The stock has a 50 day moving average price of C$0.11 and a 200-day moving average price of C$0.13. The stock has a market capitalization of C$13.76 million, a price-to-earnings ratio of 8.00 and a beta of 2.01.

Macarthur Minerals (CVE:MMS) last issued 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 return on equity of 2.07% and a net margin of 2,001.08%.

About Macarthur Minerals

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.