Mammoth Resources (CVE:MTH) Sets New 12-Month Low – Should You Sell?

Shares of Mammoth Resources Corp. (CVE:MTHGet Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 10000 shares traded. The stock had previously closed at C$0.02.

Mammoth Resources Price Performance

The company has a current ratio of 0.16, a quick ratio of 5.53 and a debt-to-equity ratio of -4.87. The stock has a 50-day moving average price of C$0.03 and a 200 day moving average price of C$0.04. The stock has a market capitalization of C$2.13 million, a price-to-earnings ratio of -2.00 and a beta of 2.90.

About Mammoth Resources

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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.

Further Reading

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