Omineca Mining and Metals (CVE:OMM) Trading Up 63.6% – What’s Next?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price rose 63.6% on Friday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 2,562,418 shares traded hands during mid-day trading, an increase of 1,033% from the average daily volume of 226,170 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Stock Up 63.6%

The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41. The firm has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05. The stock has a market capitalization of C$23.59 million, a price-to-earnings ratio of -9.00 and a beta of -2.33.

Omineca Mining and Metals Company Profile

(Get Free Report)

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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