Geomega Resources Inc. (CVE:GMA – Get Free Report) hit a new 52-week low on Friday . The company traded as low as C$0.11 and last traded at C$0.11, with a volume of 80500 shares. The stock had previously closed at C$0.11.
Geomega Resources Stock Performance
The stock has a market capitalization of C$15.01 million, a price-to-earnings ratio of -10.50 and a beta of 1.95. The company has a current ratio of 3.86, a quick ratio of 6.08 and a debt-to-equity ratio of 56.43. The stock’s 50 day moving average is C$0.15 and its two-hundred day moving average is C$0.17.
About Geomega Resources
Geomega Resources Inc engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company primarily explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property comprising 106 mining claims covering an area of approximately 5,889 hectares located 100 km north of Lebel-surQuévillon and 45 km west of the Cree First Nation of Waswanipi.
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