Omineca Mining and Metals (CVE:OMM) Trading Down 17.6% – Time to Sell?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) traded down 17.6% during mid-day trading on Friday . The company traded as low as C$0.07 and last traded at C$0.07. 137,017 shares traded hands during mid-day trading, a decline of 9% from the average session volume of 149,839 shares. The stock had previously closed at C$0.09.

Omineca Mining and Metals Stock Performance

The firm has a 50-day moving average price of C$0.06 and a 200 day moving average price of C$0.07. The firm has a market capitalization of C$12.61 million, a PE ratio of -7.00 and a beta of 0.25. The company has a quick ratio of 0.41, a current ratio of 0.96 and a debt-to-equity ratio of 183.65.

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.

Further Reading

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