Otis Gold Corp. (OOO.V) (CVE:OOO) Trading 8.7% Higher – Should You Buy?

Otis Gold Corp. (OOO.V) (CVE:OOO) shot up 8.7% during mid-day trading on Tuesday . The company traded as high as C$0.13 and last traded at C$0.13. 106,732 shares changed hands during trading, a decline of 43% from the average session volume of 186,136 shares. The stock had previously closed at C$0.12.

Otis Gold Corp. (OOO.V) Trading Up 8.7 %

The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.34 and a current ratio of 0.37. The firm has a market capitalization of C$21.93 million and a price-to-earnings ratio of -17.86. The company has a 50-day moving average price of C$0.12 and a 200-day moving average price of C$0.12.

About Otis Gold Corp. (OOO.V)

Otis Gold Corp. acquires, explores for, and develops precious metals deposits in the United States. The company explores for gold and silver deposits. Its flagship project is the Kilgore gold project that includes 614 unpatented federal lode mining claims covering an area of 12,280 acres located in the Clark County, Idaho.