Omineca Mining and Metals (CVE:OMM) Trading Down 15.4% – Here’s What Happened

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s share price dropped 15.4% during trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.06. Approximately 1,142,238 shares changed hands during mid-day trading, an increase of 254% from the average daily volume of 322,791 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Trading Down 15.4 %

The company has a quick ratio of 0.41, a current ratio of 0.96 and a debt-to-equity ratio of 183.65. The firm’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.07. The stock has a market capitalization of C$9.90 million, a P/E ratio of -5.50 and a beta of 0.25.

Omineca Mining and Metals Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Omineca Mining and Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omineca Mining and Metals and related companies with MarketBeat.com's FREE daily email newsletter.