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

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.04 and last traded at C$0.05, with a volume of 154333 shares changing hands. The stock had previously closed at C$0.05.

Omineca Mining and Metals Stock Performance

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 has a market cap of C$8.10 million, a PE ratio of -4.50 and a beta of 0.25. The stock has a 50-day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.06.

About Omineca Mining and Metals

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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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