Geomega Resources Inc. (CVE:GMA – Get Free Report) shares were up 23.5% during mid-day trading on Wednesday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 329,284 shares changed hands during trading, an increase of 480% from the average daily volume of 56,766 shares. The stock had previously closed at C$0.09.
Geomega Resources Price Performance
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 firm has a market cap of C$15.06 million, a P/E ratio of -10.50 and a beta of 1.88. The business’s 50 day moving average is C$0.09 and its two-hundred day moving average is C$0.09.
About Geomega Resources
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.
Featured Articles
- Five stocks we like better than Geomega Resources
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Airship AI: Why This AI Penny Stock Is Poised for a Big Breakout
- 5 Top Rated Dividend Stocks to Consider
- Recession Risk: Is It Going to Happen? Here Are the Key Clues
- How to Calculate Options Profits
- Best of Both Worlds: 3 ETFs With High Dividend Yields, Low Fees
Receive News & Ratings for Geomega Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geomega Resources and related companies with MarketBeat.com's FREE daily email newsletter.
