Omineca Mining and Metals (CVE:OMM) Hits New 1-Year Low – Here’s What Happened

Omineca Mining and Metals Ltd. (CVE:OMM)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 8000 shares traded. The stock had previously closed at C$0.05.

Omineca Mining and Metals Stock Up 11.1 %

The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96. The firm’s 50-day moving average is C$0.05 and its 200 day moving average is C$0.06. The firm has a market capitalization of C$9.00 million, a PE ratio of -5.00 and a beta of 0.25.

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.