Omineca Mining and Metals (CVE:OMM) Trading Up 50% – What’s Next?

by · The Cerbat Gem

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s stock price traded up 50% during mid-day trading on Saturday . The company traded as high as C$0.08 and last traded at C$0.08. 1,211,166 shares were traded during mid-day trading, an increase of 726% from the average session volume of 146,563 shares. The stock had previously closed at C$0.05.

Omineca Mining and Metals Stock Performance

The stock has a market cap of C$13.51 million, a PE ratio of -7.50 and a beta of 0.25. 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 business’s 50-day moving average price is C$0.06 and its 200-day moving average price 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.

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