Geomega Resources Inc. (CVE:GMA – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.08, with a volume of 373639 shares traded. The stock had previously closed at C$0.08.
Geomega Resources Trading Down 6.3 %
The firm has a market cap of C$10.76 million, a price-to-earnings ratio of -7.50 and a beta of 1.90. The firm’s 50-day moving average is C$0.09 and its 200-day moving average is C$0.11. The company has a current ratio of 2.17, a quick ratio of 6.08 and a debt-to-equity ratio of 62.12.
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.
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