Omineca Mining and Metals (CVE:OMM) Trading Up 25% – Time to Buy?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) was up 25% on Monday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 222,363 shares traded hands during trading, a decline of 3% from the average daily volume of 229,293 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Trading Down 7.1 %

The company has a current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65. The stock has a market capitalization of C$11.71 million, a price-to-earnings ratio of -6.50 and a beta of 0.25. The business has a 50 day simple moving average of C$0.06 and a 200-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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