Omineca Mining and Metals (CVE:OMM) Trading Down 10% – What’s Next?

Shares of Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) fell 10% during mid-day trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. 104,000 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 139,791 shares. The stock had previously closed at C$0.05.

Omineca Mining and Metals Price Performance

The stock has a market cap of C$8.10 million, a price-to-earnings ratio of -5.00 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. The company has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07.

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.

Read More

Receive News & Ratings for Omineca Mining and Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omineca Mining and Metals and related companies with MarketBeat.com's FREE daily email newsletter.