Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s share price dropped 15.4% on Saturday . The company traded as low as C$0.05 and last traded at C$0.06. Approximately 1,143,437 shares were traded during trading, an increase of 162% from the average daily volume of 436,820 shares. The stock had previously closed at C$0.07.
Omineca Mining and Metals Stock Performance
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 firm has a 50 day moving average price of C$0.06 and a 200-day moving average price of C$0.07. The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41.
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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