Mammoth Resources (CVE:MTH) Given a C$0.16 Price Target at Fundamental Research

Fundamental Research set a C$0.16 price target on Mammoth Resources (CVE:MTH) in a research report released on Friday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Mammoth Resources Stock Performance

MTH opened at C$0.02 on Friday. The company has a current ratio of 1.67, a quick ratio of 5.53 and a debt-to-equity ratio of 0.14. The company has a market cap of C$1.35 million, a price-to-earnings ratio of -4.38 and a beta of 1.96. The company’s 50 day moving average is C$0.02 and its 200 day moving average is C$0.02. Mammoth Resources has a 12-month low of C$0.01 and a 12-month high of C$0.03.

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.