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

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) fell 15.4% during mid-day trading on Friday . The company traded as low as C$0.05 and last traded at C$0.06. 1,143,437 shares were traded during trading, an increase of 162% from the average session volume of 436,820 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Stock Performance

The business’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.07. The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96. The stock has a market cap of C$9.90 million, a PE 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.