Omineca Mining and Metals (CVE:OMM) Sets New 52-Week High – Time to Buy?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.13, with a volume of 511734 shares changing hands. The stock had previously closed at C$0.12.

Omineca Mining and Metals Trading Up 4.2%

The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96. The stock has a market capitalization of C$32.73 million, a price-to-earnings ratio of -12.50 and a beta of -2.16. The business has a fifty day simple moving average of C$0.07 and a 200 day simple moving average of C$0.06.

Omineca Mining and Metals Company Profile

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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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