Opawica Explorations (CVE:OPW) Shares Up 5.1% – Should You Buy?

Opawica Explorations Inc. (CVE:OPWGet Free Report) shares rose 5.1% during trading on Wednesday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 84,984 shares traded hands during trading, an increase of 115% from the average daily volume of 39,551 shares. The stock had previously closed at C$0.20.

Opawica Explorations Stock Up 10.3 %

The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.11 and a current ratio of 1.13. The company has a market cap of C$5.07 million, a P/E ratio of -0.61 and a beta of 1.45. The firm’s 50-day simple moving average is C$0.14 and its 200 day simple moving average is C$0.11.

Opawica Explorations Company Profile

(Get Free Report)

Opawica Explorations Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold and base metal deposits. The company holds 100% interests in the Arrowhead and Bazooka East claims located in northern Quebec, Canada; and the Bazooka west property, which comprises 24 mineral claims located in Beauchastel Township, Quebec.

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