Shares of Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report) were down 18.2% on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. 832,070 shares traded hands during mid-day trading, an increase of 172% from the average daily volume of 306,459 shares. The stock had previously closed at C$0.06.
Omineca Mining and Metals Stock Performance
The company’s 50-day moving average price is C$0.07 and its two-hundred day moving average price is C$0.08. The stock has a market cap of C$13.39 million, a PE ratio of -5.00 and a beta of -0.88. The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96.
Omineca Mining and Metals Company Profile
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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