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Macarthur Minerals' stock soared 42.9%, closing at C$0.05, though financial metrics advise caution.
Macarthur Minerals' stock surged 42.9% on Thursday, closing at C$0.05 with a trading volume up 112% from the daily average.
The company, which explores for gold, lithium, iron ore, and nickel in Western Australia and Nevada, has a market cap of C$11.15 million.
Despite the significant rise, it remains unclear whether the stock is a good buy, as financial metrics like a negative P/E ratio suggest caution.
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El stock de Macarthur Minerals se disparó un 42,9%, llegando a C$0.05, aunque las métricas financieras aconsejan precaución.