Shares of Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report) dropped 7.7% during trading on Friday . The company traded as low as C$0.06 and last traded at C$0.06. 280,000 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 289,474 shares. The stock had previously closed at C$0.07.
Omineca Mining and Metals Trading Down 7.7%
The stock’s 50-day moving average price is C$0.06 and its 200 day moving average price 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 firm has a market capitalization of C$16.06 million, a PE ratio of -6.00 and a beta of -0.88.
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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