Omineca Mining and Metals (CVE:OMM) Stock Price Up 6.3% – What’s Next?

by · The Cerbat Gem

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s share price traded up 6.3% during mid-day trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09. 528,490 shares changed hands during trading, an increase of 149% from the average session volume of 212,155 shares. The stock had previously closed at C$0.08.

Omineca Mining and Metals Stock Up 25.0%

The firm has a market capitalization of C$26.21 million, a P/E ratio of -10.00 and a beta of -2.16. The firm’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.06. The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41.

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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