Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s share price dropped 15% during mid-day trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 534,651 shares traded hands during trading, an increase of 3% from the average daily volume of 520,169 shares. The stock had previously closed at C$0.10.
Omineca Mining and Metals Stock Performance
The stock has a market capitalization of C$22.25 million, a PE ratio of -8.50 and a beta of -2.16. The company’s 50 day moving average price is C$0.08 and its two-hundred day moving average price is C$0.06. The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41.
About Omineca Mining and Metals
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. The company was incorporated in 2011 and is based in Saskatoon, Canada.
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