Geomega Resources Inc. (CVE:GMA – Get Free Report)’s share price was up 2.1% on Wednesday. The stock traded as high as C$0.26 and last traded at C$0.24. 189,277 shares were traded during mid-day trading, an increase of 51% from the average session volume of 125,057 shares. The stock had previously closed at C$0.24.
Geomega Resources Trading Up 2.1%
The company has a quick ratio of 6.08, a current ratio of 2.17 and a debt-to-equity ratio of 62.12. The business has a 50-day simple moving average of C$0.25 and a 200-day simple moving average of C$0.27. The company has a market cap of C$40.95 million, a PE ratio of 81.67 and a beta of 3.41.
Geomega Resources Company Profile
Geomega Resources Inc engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company primarily explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property comprising 106 mining claims covering an area of approximately 5,889 hectares located 100 km north of Lebel-surQuévillon and 45 km west of the Cree First Nation of Waswanipi. The company was incorporated in 2008 and is headquartered in Boucherville, Canada.
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