Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report) dropped 14.3% on Saturday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 352,500 shares traded hands during trading, an increase of 44% from the average daily volume of 244,758 shares. The stock had previously closed at C$0.07.
Omineca Mining and Metals Stock Performance
The firm’s 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.07. The company has a market capitalization of C$10.80 million, a price-to-earnings ratio of -6.00 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.
About Omineca Mining and Metals
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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