Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s share price shot 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 were traded 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 Price Performance
The company has a 50 day moving average price of C$0.06 and a 200-day moving average price of C$0.07. The company has a quick ratio of 0.41, a current ratio of 0.96 and a debt-to-equity ratio of 183.65. The company has a market cap of C$13.51 million, a price-to-earnings ratio of -7.50 and a beta of 0.25.
About Omineca Mining and Metals
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.
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