Shares of Macarthur Minerals Limited (CVE:MMS – Get Free Report) traded up 42.9% during mid-day trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. 212,000 shares changed hands during trading, an increase of 112% from the average session volume of 100,072 shares. The stock had previously closed at C$0.04.
Macarthur Minerals Stock Up 42.9 %
The company has a debt-to-equity ratio of 0.89, a quick ratio of 5.59 and a current ratio of 0.60. The firm has a market capitalization of C$11.15 million, a price-to-earnings ratio of -2.11 and a beta of 1.81. The firm has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.05.
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.
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