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

by · The Markets Daily

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

The firm has a market capitalization of C$9.90 million, a price-to-earnings ratio of -5.50 and a beta of 0.25. 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 company 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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