Omineca Mining and Metals (CVE:OMM) Trading Down 14.3% – Should You Sell?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s share price dropped 14.3% during trading on Friday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 352,500 shares traded hands during mid-day 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 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$10.80 million, a PE ratio of -6.00 and a beta of 0.25. The firm’s 50-day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.07.

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.

Further Reading

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.