Shares of Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report) dropped 14.3% during mid-day trading on Saturday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 352,500 shares changed 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 company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96. The stock has a market capitalization of C$10.80 million, a P/E ratio of -6.00 and a beta of 0.25. The business has a 50-day moving average price of C$0.06 and a 200 day moving average price of C$0.07.
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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