Geomega Resources Inc. (CVE:GMA – Get Free Report) shares hit a new 52-week low on Monday. The company traded as low as C$0.20 and last traded at C$0.21, with a volume of 241,982 shares changing hands. The stock had previously closed at C$0.22.
Geomega Resources Stock Down 4.5%
The company has a quick ratio of 6.08, a current ratio of 2.17 and a debt-to-equity ratio of 62.12. The firm has a market capitalization of C$35.10 million, a PE ratio of 105.00 and a beta of 3.41. The business’s 50-day moving average price is C$0.24 and its 200-day moving average price is C$0.28.
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. The company was incorporated in 2008 and is headquartered in Boucherville, Canada.
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