Omineca Mining and Metals (CVE:OMM) Trading Up 9.1% – Still a Buy?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) shares traded up 9.1% on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 204,116 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 310,342 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Stock Performance

The firm’s 50 day moving average price is C$0.07 and its 200-day moving average price is C$0.08. 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 capitalization of C$16.06 million, a PE ratio of -6.00 and a beta of -0.88.

About Omineca Mining and Metals

(Get Free Report)

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. The company was incorporated in 2011 and is based in Saskatoon, Canada.

Featured Articles

Receive News & Ratings for Omineca Mining and Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omineca Mining and Metals and related companies with MarketBeat.com's FREE daily email newsletter.