Shares of Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report) dropped 15.4% during mid-day trading on Saturday . The stock traded as low as C$0.05 and last traded at C$0.06. Approximately 1,143,437 shares changed hands during trading, an increase of 162% from the average daily volume of 436,820 shares. The stock had previously closed at C$0.07.
Omineca Mining and Metals Trading Down 15.4 %
The firm has a market capitalization of C$9.90 million, a price-to-earnings ratio of -5.50 and a beta of 0.25. The business’s fifty day moving average is C$0.06 and its 200 day moving average is 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.
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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