Shares of Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report) dropped 17.6% during mid-day trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 137,017 shares changed hands during mid-day trading, a decline of 9% from the average daily volume of 149,839 shares. The stock had previously closed at C$0.09.
Omineca Mining and Metals Price Performance
The stock’s fifty day moving average is C$0.06 and its 200-day moving average is C$0.07. The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41. The stock has a market capitalization of C$10.80 million, a P/E ratio of -6.00 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.
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