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

Shares of Otis Gold Corp. (OOO.V) (CVE:OOO) rose 8.7% on Tuesday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 106,732 shares changed hands during trading, a decline of 43% from the average daily 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’s 50 day moving average price is C$0.12 and its two-hundred day moving average price is C$0.12. The firm has a market cap of C$21.93 million and a PE ratio of -17.86. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 0.25.

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.