Omineca Mining and Metals (CVE:OMM) Hits New 12-Month Low – Here’s What Happened

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s stock price hit a new 52-week low during trading on Monday. The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 155,522 shares trading hands. The stock had previously closed at C$0.04.

Omineca Mining and Metals Stock Up 12.5%

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 has a 50 day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.07. The company has a market capitalization of C$12.05 million, a PE ratio of -5.50 and a beta of -1.35.

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. The company was incorporated in 2011 and is based in Saskatoon, Canada.

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