Opawica Explorations (CVE:OPW) Trading 5.9% Higher – Still a Buy?

Opawica Explorations Inc. (CVE:OPWGet Free Report) shares shot up 5.9% on Friday . The stock traded as high as C$0.18 and last traded at C$0.18. 89,900 shares were traded during trading, an increase of 48% from the average session volume of 60,844 shares. The stock had previously closed at C$0.17.

Opawica Explorations Trading Up 5.9 %

The company has a debt-to-equity ratio of 1.03, a current ratio of 1.13 and a quick ratio of 2.11. The stock’s 50-day moving average is C$0.22 and its two-hundred day moving average is C$0.16. The company has a market cap of C$4.24 million, a P/E ratio of -0.56 and a beta of 1.45.

About Opawica Explorations

(Get Free Report)

Opawica Explorations Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold and base metal deposits. The company holds 100% interests in the Arrowhead and Bazooka East claims located in northern Quebec, Canada; and the Bazooka west property, which comprises 24 mineral claims located in Beauchastel Township, Quebec.

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