Omineca Mining and Metals (CVE:OMM) Trading 72.7% Higher – Should You Buy?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) shares shot 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. 2,844,418 shares traded hands during trading, an increase of 1,150% from the average session volume of 227,521 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Trading Up 72.7%

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

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.

Featured Articles

Receive News & Ratings for Omineca Mining and Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omineca Mining and Metals and related companies with MarketBeat.com's FREE daily email newsletter.