Geomega Resources Inc. (CVE:GMA – Get Free Report)’s stock price shot up 15.8% during trading on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. 15,500 shares were traded during trading, a decline of 69% from the average session volume of 49,852 shares. The stock had previously closed at C$0.10.
Geomega Resources Stock Down 4.5 %
The company has a quick ratio of 6.08, a current ratio of 2.17 and a debt-to-equity ratio of 62.12. The stock has a market cap of C$15.06 million, a P/E ratio of -10.50 and a beta of 1.88. The company’s 50 day moving average price is C$0.09 and its two-hundred day moving average price is C$0.09.
About Geomega Resources
Geomega Resources Inc engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company primarily explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property comprising 106 mining claims covering an area of approximately 5,889 hectares located 100 km north of Lebel-surQuévillon and 45 km west of the Cree First Nation of Waswanipi.
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