Omineca Mining and Metals (CVE:OMM) Stock Price Up 50% – Should You Buy?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) shares traded up 50% during mid-day trading on Saturday . The stock traded as high as C$0.08 and last traded at C$0.08. 1,211,166 shares changed hands during mid-day trading, an increase of 726% from the average session volume of 146,563 shares. The stock had previously closed at C$0.05.

Omineca Mining and Metals Trading Up 50.0 %

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 cap of C$13.51 million, a P/E ratio of -7.50 and a beta of 0.25. The company has a 50-day simple moving average of C$0.06 and a 200-day simple moving average of C$0.07.

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.

Read More

Receive News & Ratings for Omineca Mining and Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omineca Mining and Metals and related companies with MarketBeat.com's FREE daily email newsletter.