Omineca Mining and Metals (CVE:OMM) Stock Price Down 13% – Should You Sell?

Shares of Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) traded down 13% during trading on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10. 311,921 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 473,518 shares. The stock had previously closed at C$0.12.

Omineca Mining and Metals Stock Down 13.0%

The firm has a market cap of C$26.21 million, a price-to-earnings ratio of -10.00 and a beta of -2.26. The company has a quick ratio of 0.41, a current ratio of 0.96 and a debt-to-equity ratio of 183.65. The firm has a fifty day moving average price of C$0.09 and a 200-day moving average price of C$0.07.

Omineca Mining and Metals Company Profile

(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.

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