Marifil Mines (MFM) Sets New 12-Month Low at $0.07

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Marifil Mines Ltd (CVE:MFM)’s share price reached a new 52-week low on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 79200 shares. The stock had previously closed at C$0.07.

Separately, Fundamental Research set a C$0.31 price objective on Marifil Mines and gave the stock a “buy” rating in a research report on Wednesday, October 17th.

The company has a quick ratio of 0.31, a current ratio of 0.45 and a debt-to-equity ratio of 1.44.

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Marifil Mines Company Profile (CVE:MFM)

Marifil Mines Limited engages in acquiring, exploring, and evaluating mineral resource properties in Argentina. It primarily explores for lithium, gold, silver, indium, nickel, copper, cobalt, platinum, biogenic sulfur, zinc, and lead deposits, as well as oil and gas. The company was incorporated in 2003 and is based in Vancouver, Canada.

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