Macarthur Minerals (CVE:MMS) Hits New 52-Week Low at $0.06

Macarthur Minerals Limited (CVE:MMS) shares hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 147550 shares changing hands. The stock had previously closed at C$0.07.

Macarthur Minerals Stock Down 7.1 %

The firm has a market capitalization of C$11.18 million, a price-to-earnings ratio of 6.00 and a beta of 2.01. The stock has a fifty day moving average of C$0.10 and a two-hundred day moving average of C$0.12. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.43 and a quick ratio of 5.59.

Macarthur Minerals (CVE:MMS) last posted its quarterly earnings data on Wednesday, February 14th. The company reported C$0.03 earnings per share for the quarter. Macarthur Minerals had a return on equity of 2.07% and a net margin of 2,001.08%.

Macarthur Minerals Company Profile

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.