Mammoth Resources shares fell 14.3% to C$0.06 amid high volatility and liquidity concerns.

Mammoth Resources (CVE:MTH) shares dropped 14.3% to C$0.06 on Thursday, with trading volume surging 66% above average. The exploration-stage mining company, based in Mexico, holds a 100% interest in the Tenoriba property in Chihuahua State. Financial indicators show liquidity concerns, a negative debt-to-equity ratio, and a high stock volatility with a beta of 4.02. The company, formerly Mammoth Capital Corp., has a market cap of C$6.39 million and remains unprofitable. No specific cause for the decline was cited.