Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s share price dropped 18.2% during trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.05. Approximately 1,012,300 shares changed hands during trading, an increase of 275% from the average daily volume of 269,833 shares. The stock had previously closed at C$0.06.
Omineca Mining and Metals Price Performance
The firm has a market capitalization of C$7.20 million, a price-to-earnings ratio of -4.00 and a beta of 0.25. The company has a quick ratio of 0.41, a current ratio of 0.96 and a debt-to-equity ratio of 183.65. The stock’s 50 day moving average price is C$0.06 and its two-hundred day moving average price is C$0.06.
About Omineca Mining and Metals
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.
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