Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s stock 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 changed 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 company has a current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65. The firm’s fifty day moving average is C$0.08 and its 200 day moving average is C$0.06. The company has a market cap of C$22.25 million, a PE ratio of -8.50 and a beta of -2.16.
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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