Opawica Explorations (CVE:OPW) Shares Up 5.9% – Should You Buy?

Opawica Explorations Inc. (CVE:OPWGet Free Report) shares shot up 5.9% during trading on Friday . The stock traded as high as C$0.18 and last traded at C$0.18. 89,900 shares traded hands during trading, an increase of 48% from the average session volume of 60,844 shares. The stock had previously closed at C$0.17.

Opawica Explorations Trading Up 5.9 %

The stock has a fifty day simple moving average of C$0.22 and a 200 day simple moving average of C$0.16. 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 firm has a market cap of C$4.24 million, a P/E ratio of -0.56 and a beta of 1.45.

About Opawica Explorations

(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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