Omineca Mining and Metals (CVE:OMM) Sets New 12-Month Low – What’s Next?

Shares of Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 210178 shares traded. The stock had previously closed at C$0.05.

Omineca Mining and Metals Stock Performance

The stock’s fifty day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.07. The company has a market cap of C$8.10 million, a price-to-earnings ratio of -4.50 and a beta of 0.25. The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96.

Omineca Mining and Metals Company Profile

(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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