Omineca Mining and Metals (CVE:OMM) Shares Up 72.7% – Here’s Why

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price was up 72.7% during mid-day trading on Saturday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 2,844,418 shares traded hands during trading, an increase of 1,150% from the average daily volume of 227,521 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Stock Performance

The stock has a market capitalization of C$24.90 million, a P/E ratio of -9.50 and a beta of -2.33. The stock has a 50 day moving average of C$0.05 and a 200 day moving average of C$0.05. The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96.

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.

Further Reading

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