Omineca Mining and Metals (CVE:OMM) Shares Down 17.6% – What’s Next?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price fell 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 were traded 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 Trading Down 14.3 %

The firm has a market cap of C$10.80 million, a PE ratio of -6.00 and a beta of 0.25. The company has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.07. The company has a current ratio of 0.96, a quick ratio of 0.41 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.

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