Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report) dropped 14.3% during mid-day trading on Saturday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 352,500 shares changed hands during mid-day trading, an increase of 44% from the average daily volume of 244,758 shares. The stock had previously closed at C$0.07.
Omineca Mining and Metals Stock Performance
The firm’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.07. The company has a market cap of C$10.80 million, a P/E ratio of -6.00 and a beta of 0.25. The company has a current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65.
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.
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