Opawica Explorations (CVE:OPW) Reaches New 52-Week High – Still a Buy?

Shares of Opawica Explorations Inc. (CVE:OPWGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as C$0.23 and last traded at C$0.21, with a volume of 107327 shares traded. The stock had previously closed at C$0.23.

Opawica Explorations Trading Up 4.3 %

The business has a fifty day simple moving average of C$0.14 and a 200-day simple moving average of C$0.11. The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.11 and a current ratio of 1.13. The firm has a market cap of C$5.65 million, a price-to-earnings ratio of -0.75 and a beta of 1.45.

About Opawica Explorations

(Get Free Report)

Opawica Explorations Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold and base metal deposits. The company holds 100% interests in the Arrowhead and Bazooka East claims located in northern Quebec, Canada; and the Bazooka west property, which comprises 24 mineral claims located in Beauchastel Township, Quebec.

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