Omineca Mining and Metals (CVE:OMM) Sets New 52-Week Low – Here’s What Happened

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 445777 shares traded. The stock had previously closed at C$0.05.

Omineca Mining and Metals Stock Performance

The company has a current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65. The stock’s 50 day moving average is C$0.05 and its 200 day moving average is C$0.05. The stock has a market capitalization of C$7.20 million, a price-to-earnings ratio of -4.00 and a beta of 0.25.

About Omineca Mining and Metals

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Omineca Mining and Metals Ltd., a junior resource company, explores for and develops mineral resources in Canada. Its flagship project is the Wingdam gold project covering an area of 50,000 hectares located in the prolific Barkerville gold camp in central British Columbia. The company holds interest in the Fraser Canyon project and Mouse Mountain Project located in British Columbia.

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