Omineca Mining and Metals (CVE:OMM) Trading Down 15.4% – Here’s What Happened

by · The Cerbat Gem

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report) was down 15.4% on Saturday . The stock traded as low as C$0.05 and last traded at C$0.06. Approximately 1,143,437 shares changed hands during trading, an increase of 162% from the average daily volume of 436,820 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Stock Down 15.4 %

The company has a market cap of C$9.90 million, a PE ratio of -5.50 and a beta of 0.25. The company has a fifty day moving average of C$0.06 and a two-hundred day moving average of C$0.07. The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96.

Omineca Mining and Metals Company Profile

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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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