Omineca Mining and Metals (CVE:OMM) Shares Down 14.3% – Should You Sell?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) fell 14.3% during trading on Friday . The stock traded as low as C$0.06 and last traded at C$0.06. 352,500 shares changed hands during trading, an increase of 44% from the average session volume of 244,758 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Stock Performance

The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41. The firm has a market capitalization of C$10.80 million, a P/E ratio of -6.00 and a beta of 0.25. The stock has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07.

About Omineca Mining and Metals

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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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