Omineca Mining and Metals (CVE:OMM) Shares Down 15.4% – What’s Next?

by · The Markets Daily

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s share price fell 15.4% during trading on Saturday . The stock traded as low as C$0.05 and last traded at C$0.06. 1,143,437 shares were traded during trading, an increase of 162% from the average session volume of 436,820 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Stock Performance

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 company has a market cap of C$9.90 million, a price-to-earnings ratio of -5.50 and a beta of 0.25. The stock has a 50 day moving average price of C$0.06 and a two-hundred day moving average price of C$0.07.

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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