Omineca Mining and Metals (CVE:OMM) Shares Up 72.7% – What’s Next?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) shot up 72.7% on Saturday . The company traded as high as C$0.10 and last traded at C$0.10. 2,844,418 shares traded hands during mid-day trading, an increase of 1,150% from the average session volume of 227,521 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Stock Up 72.7%

The firm’s 50-day moving average is C$0.05 and its two-hundred day moving average is C$0.05. The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96. The stock has a market cap of C$24.90 million, a P/E ratio of -9.50 and a beta of -2.33.

Omineca Mining and Metals Company Profile

(Get Free Report)

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.

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