Omineca Mining and Metals (CVE:OMM) Stock Price Up 30% – Here’s What Happened

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) shot up 30% during trading on Thursday . The stock traded as high as C$0.07 and last traded at C$0.07. 1,124,536 shares changed hands during mid-day trading, an increase of 277% from the average session volume of 298,393 shares. The stock had previously closed at C$0.05.

Omineca Mining and Metals Stock Up 20.0%

The company has a market capitalization of C$16.06 million, a P/E ratio of -6.00 and a beta of -0.88. The company has a current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65. The stock’s fifty day moving average is C$0.06 and its 200 day moving average is C$0.07.

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. The company was incorporated in 2011 and is based in Saskatoon, Canada.

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