Opus One Gold (CVE:OOR) Stock Price Up 18.2% – Time to Buy?

Opus One Gold Co. (CVE:OORGet Free Report) shares rose 18.2% during mid-day trading on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 878,040 shares traded hands during trading, an increase of 523% from the average daily volume of 140,964 shares. The stock had previously closed at C$0.06.

Opus One Gold Stock Up 18.2%

The firm’s 50 day moving average price is C$0.07 and its two-hundred day moving average price is C$0.07. The firm has a market capitalization of C$17.67 million, a PE ratio of -6.50 and a beta of 3.40. The company has a quick ratio of 0.44, a current ratio of 0.12 and a debt-to-equity ratio of 0.25.

Opus One Gold Company Profile

(Get Free Report)

Opus One Gold Corporation engages in the acquisition, exploration, and evaluation of mineral properties primarily in Canada. It explores for gold and base metals. The company holds 100% interests in the Courville project situated in Courville Township, Quebec; La Grande property that consists of 3 claim blocks covering an area of 1,541 hectares located within the La Grande lithium exploration district; and Wemindji property that comprises 1 claim block covering an area of 2,590 hectares located in James Bay, Quebec.

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