Omineca Mining and Metals (CVE:OMM) Shares Down 22.2%

Omineca Mining and Metals Ltd. (CVE:OMM) traded down 22.2% on Friday . The stock traded as low as C$0.10 and last traded at C$0.11. 336,808 shares changed hands during mid-day trading, an increase of 78% from the average session volume of 189,061 shares. The stock had previously closed at C$0.14.

Omineca Mining and Metals Price Performance

The company has a debt-to-equity ratio of 145.70, a current ratio of 3.91 and a quick ratio of 0.41. The company has a 50-day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.07. The stock has a market capitalization of C$18.69 million, a price-to-earnings ratio of -5.25 and a beta of 0.39.

Omineca Mining and Metals Company Profile

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.