Geomega Resources Inc. (CVE:GMA – Get Free Report)’s stock price traded down 1.9% on Thursday . The company traded as low as C$0.25 and last traded at C$0.26. Approximately 148,010 shares were traded during trading, an increase of 4% from the average daily volume of 142,877 shares. The stock had previously closed at C$0.26.
Geomega Resources Stock Down 1.9%
The company has a current ratio of 2.17, a quick ratio of 6.08 and a debt-to-equity ratio of 62.12. The company has a market capitalization of C$42.15 million, a P/E ratio of -85.00 and a beta of 3.51. The firm’s 50 day moving average price is C$0.28 and its two-hundred day moving average price is C$0.32.
Geomega Resources Company Profile
Geomega Resources Inc engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company primarily explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property comprising 106 mining claims covering an area of approximately 5,889 hectares located 100 km north of Lebel-surQuévillon and 45 km west of the Cree First Nation of Waswanipi. The company was incorporated in 2008 and is headquartered in Boucherville, Canada.
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