Opus One Gold (CVE:OOR) Shares Down 10% – Here’s Why

Shares of Opus One Gold Co. (CVE:OORGet Free Report) dropped 10% on Friday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 146,000 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 189,428 shares. The stock had previously closed at C$0.05.

Opus One Gold Price Performance

The firm has a market capitalization of C$12.23 million, a P/E ratio of -4.50 and a beta of 3.57. The company has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.07. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.12 and a quick ratio of 0.44.

Opus One Gold Company Profile

(Get Free Report)

Opus One Gold Corporation engages in the acquisition, exploration, and evaluation of mineral properties primarily in Canada. It explores for gold and base metals. The company holds 100% interests in the Courville project situated in Courville Township, Quebec; La Grande property that consists of 3 claim blocks covering an area of 1,541 hectares located within the La Grande lithium exploration district; and Wemindji property that comprises 1 claim block covering an area of 2,590 hectares located in James Bay, Quebec.

Further Reading

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