Omineca Mining and Metals (CVE:OMM) Shares Down 14.3% – Time to Sell?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price was down 14.3% during trading on Saturday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 352,500 shares traded hands during trading, an increase of 44% from the average daily volume of 244,758 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Stock Down 14.3 %

The stock has a fifty day moving average of C$0.06 and a 200-day moving average of C$0.07. The firm has a market capitalization of C$10.80 million, a price-to-earnings ratio of -6.00 and a beta of 0.25. The company has a current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65.

About Omineca Mining and Metals

(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.

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