The SP has gone back to reflect a more realistic valuation. It got way out of touch with reality recently, largely due to people thinking they were getting a 30% 'dividend' via free WR1 shares (which was only the case when the MTC SP was on parity with WR1, i.e., 20c). Newbies also got over-excited about some gold announcements telling of visible gold and 'bonanza' grades without really looking closely into them. Additionally, no doubt some buyers who paid around 40c have probably been cutting their losses with stop losses this past week or so. The SP may regain some of the losses in due course but it's going to take some genuinely good assays to make it happen.
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