Geomega Resources Inc. (CVE:GMA – Get Free Report) shares were up 20% during trading on Tuesday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 153,285 shares changed hands during mid-day trading, an increase of 115% from the average daily volume of 71,301 shares. The stock had previously closed at C$0.08.
Geomega Resources Price Performance
The company has a current ratio of 2.17, a quick ratio of 6.08 and a debt-to-equity ratio of 62.12. The company has a market cap of C$12.91 million, a PE ratio of -7.50 and a beta of 1.90. The firm has a 50 day moving average of C$0.08 and a two-hundred day moving average of C$0.10.
Geomega Resources Company Profile
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.
Recommended Stories
- Five stocks we like better than Geomega Resources
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Why Lennar Stock Could Be the Best Play in the Housing Market
- Airline Stocks – Top Airline Stocks to Buy Now
- 2 Energy Stocks Fueling the AI Datacenter Boom
- How to Invest in the FAANG Stocks
- Will Marinus Pharmaceuticals Be the Next Big Winner in Biotech?
Receive News & Ratings for Geomega Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geomega Resources and related companies with MarketBeat.com's FREE daily email newsletter.
