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

by · The Markets Daily

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

Omineca Mining and Metals Price Performance

The company has a fifty day moving average of C$0.06 and a 200-day moving average of C$0.07. 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 stock has a market cap of C$13.51 million, a PE ratio of -7.50 and a beta of 0.25.

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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