Geomega Resources Inc. (CVE:GMA – Get Free Report)’s stock price fell 5.3% during trading on Friday . The stock traded as low as C$0.09 and last traded at C$0.09. 49,513 shares were traded during trading, a decline of 32% from the average session volume of 73,147 shares. The stock had previously closed at C$0.10.
Geomega Resources Trading Down 15.8 %
The company has a quick ratio of 6.08, a current ratio of 2.17 and a debt-to-equity ratio of 62.12. The stock has a market capitalization of C$11.47 million, a PE ratio of -8.00 and a beta of 1.88. The business’s 50-day moving average is C$0.09 and its two-hundred day moving average is C$0.10.
About Geomega Resources
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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