Omineca Mining and Metals (CVE:OMM) Trading 25% Higher – Time to Buy?

by · The Cerbat Gem

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s stock price was up 25% on Monday . The company traded as high as C$0.08 and last traded at C$0.08. 226,363 shares were traded during trading, a decline of 5% from the average daily volume of 238,627 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Price Performance

The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96. The stock’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.07. The firm has a market cap of C$11.71 million, a PE ratio of -6.50 and a beta of 0.25.

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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