Geomega Resources Inc. (CVE:GMA – Get Free Report)’s stock price traded up 17.6% during mid-day trading on Thursday . The stock traded as high as C$0.10 and last traded at C$0.10. 108,000 shares were traded during trading, an increase of 113% from the average session volume of 50,594 shares. The stock had previously closed at C$0.09.
Geomega Resources Stock Performance
The business has a 50-day simple moving average of C$0.09 and a 200 day simple moving average of C$0.09. The company has a debt-to-equity ratio of 62.12, a current ratio of 2.17 and a quick ratio of 6.08. The firm has a market cap of C$12.91 million, a PE ratio of -9.00 and a beta of 1.88.
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.
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