Opawica Explorations (CVE:OPW) Shares Up 16.7% – Here’s Why

Opawica Explorations Inc. (CVE:OPW – Get Free Report)’s share price shot up 16.7% on Monday. The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 125,000 shares changed hands during mid-day trading, an increase of 89% from the average daily volume of 66,125 shares. The stock had previously closed at C$0.12.

Opawica Explorations Trading Up 16.7%

The stock has a market cap of C$5.52 million, a PE ratio of -14.00 and a beta of -1.45. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.11 and a current ratio of 0.59. The company’s 50-day moving average price is C$0.14 and its 200 day moving average price is C$0.12.

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. It also holds 100% interests in the Cornwall Property located in British Columbia. The company was incorporated in 1975 and is based in Vancouver, Canada.

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