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

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price traded up 50% during 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 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 current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65. The stock has a market capitalization of C$13.51 million, a P/E ratio of -7.50 and a beta of 0.25. The business’s fifty day simple moving average is C$0.06 and its two-hundred day simple moving average is 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.

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