Opawica Explorations (CVE:OPW) Trading Down 2.2% – Time to Sell?

Opawica Explorations Inc. (CVE:OPWGet Free Report)’s share price dropped 2.2% on Friday . The stock traded as low as C$0.22 and last traded at C$0.22. Approximately 48,607 shares were traded during trading, a decline of 19% from the average daily volume of 59,857 shares. The stock had previously closed at C$0.23.

Opawica Explorations Stock Down 2.2 %

The firm has a 50 day moving average price of C$0.20 and a two-hundred day moving average price of C$0.18. The company has a market capitalization of C$8.31 million, a price-to-earnings ratio of -2.46 and a beta of 1.45.

About Opawica Explorations

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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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