Geomega Resources Inc. (CVE:GMA – Get Free Report) shares traded up 17.6% on Thursday . The stock traded as high as C$0.10 and last traded at C$0.10. 108,000 shares traded hands during mid-day trading, an increase of 112% from the average session volume of 50,907 shares. The stock had previously closed at C$0.09.
Geomega Resources Trading Up 5.9 %
The firm has a market cap of C$12.91 million, a PE ratio of -9.00 and a beta of 1.88. The company has a quick ratio of 6.08, a current ratio of 2.17 and a debt-to-equity ratio of 62.12. The company’s 50 day moving average price is C$0.09 and its two-hundred day moving average price is C$0.09.
Geomega Resources Company Profile
Geomega Resources Inc engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company primarily explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property comprising 106 mining claims covering an area of approximately 5,889 hectares located 100 km north of Lebel-surQuévillon and 45 km west of the Cree First Nation of Waswanipi.
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