Mammoth Resources (CVE:MTH) PT Set at C$0.16 by Fundamental Research

Mammoth Resources (CVE:MTH) has been assigned a C$0.16 price objective by analysts at Fundamental Research in a research report issued to clients and investors on Friday, BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock.

Mammoth Resources Trading Up 33.3 %

Mammoth Resources stock opened at C$0.02 on Friday. The business has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The company has a market cap of C$1.35 million, a P/E ratio of -4.38 and a beta of 1.96. The company has a quick ratio of 5.53, a current ratio of 1.67 and a debt-to-equity ratio of 0.14. Mammoth Resources has a 52-week low of C$0.01 and a 52-week 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.