Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s share price fell 9.1% during mid-day trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.05. 983,300 shares traded hands during mid-day trading, an increase of 266% from the average session volume of 268,718 shares. The stock had previously closed at C$0.06.
Omineca Mining and Metals Stock Performance
The firm’s 50 day moving average is C$0.06 and its 200 day moving average is C$0.06. The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96. The stock has a market cap of C$8.10 million, a P/E ratio of -4.50 and a beta of 0.25.
About Omineca Mining and Metals
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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