Opawica Explorations (CVE:OPW) Stock Price Up 20% – Time to Buy?
by Mitch Edgeman · The Markets DailyOpawica Explorations Inc. (CVE:OPW – Get Free Report)’s share price was up 20% on Tuesday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 236,088 shares changed hands during mid-day trading, an increase of 105% from the average daily volume of 115,098 shares. The stock had previously closed at C$0.08.
Opawica Explorations Stock Performance
The firm has a market capitalization of C$3.93 million, a price-to-earnings ratio of -1.67 and a beta of -0.61. The business’s 50 day moving average is C$0.08 and its 200-day moving average is C$0.08.
Opawica Explorations Company Profile
Opawica Explorations Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold and base metal deposits. The company holds 100% interests in the Arrowhead and Bazooka East claims located in northern Quebec, Canada; and the Bazooka west property, which comprises 24 mineral claims located in Beauchastel Township, Quebec. It also holds 100% interests in the Cornwall Property located in British Columbia. The company was incorporated in 1975 and is based in Vancouver, Canada.