Otis Gold Corp. (OOO.V) (CVE:OOO) Trading 8.7% Higher – Here’s Why

Otis Gold Corp. (OOO.V) (CVE:OOO)’s share price was up 8.7% during mid-day trading on Tuesday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 106,732 shares were traded during trading, a decline of 43% from the average daily volume of 186,136 shares. The stock had previously closed at C$0.12.

Otis Gold Corp. (OOO.V) Trading Up 8.7 %

The firm’s fifty day simple moving average is C$0.12 and its 200 day simple moving average is C$0.12. The stock has a market capitalization of C$21.93 million and a P/E ratio of -17.86. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.34 and a current ratio of 0.37.

About Otis Gold Corp. (OOO.V)

Otis Gold Corp. acquires, explores for, and develops precious metals deposits in the United States. The company explores for gold and silver deposits. Its flagship project is the Kilgore gold project that includes 614 unpatented federal lode mining claims covering an area of 12,280 acres located in the Clark County, Idaho.