Omineca Mining and Metals (CVE:OMM) Stock Price Down 15.4% – Time to Sell?

by · The Cerbat Gem

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s stock price dropped 15.4% during trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.06. Approximately 1,143,437 shares changed hands during mid-day 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 Trading Down 15.4 %

The company has a market capitalization of C$9.90 million, a PE ratio of -5.50 and a beta of 0.25. The company’s fifty day moving average is C$0.06 and its 200-day moving average is C$0.07. The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41.

About Omineca Mining and Metals

(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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