Otis Gold Corp. (OOO.V) (CVE:OOO) Shares Up 8.7% – Time to Buy?

Otis Gold Corp. (OOO.V) (CVE:OOO) shares rose 8.7% during trading on Tuesday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 106,732 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 186,136 shares. The stock had previously closed at C$0.12.

Otis Gold Corp. (OOO.V) Price Performance

The company has a current ratio of 0.37, a quick ratio of 0.34 and a debt-to-equity ratio of 0.25. The company has a market cap of C$21.93 million and a PE ratio of -17.86. The firm has a 50 day moving average of C$0.12 and a two-hundred day moving average of C$0.12.

About Otis Gold Corp. (OOO.V)

Otis Gold Corp. acquires, explores for, and develops precious metals deposits in the United States. The company explores for gold and silver deposits. Its flagship project is the Kilgore gold project that includes 614 unpatented federal lode mining claims covering an area of 12,280 acres located in the Clark County, Idaho.