Omineca Mining and Metals (CVE:OMM) Shares Down 10% – Here’s Why

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price traded down 10% on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. 588,500 shares were traded during trading, an increase of 355% from the average session volume of 129,390 shares. The stock had previously closed at C$0.05.

Omineca Mining and Metals Price Performance

The company has a market capitalization of C$8.10 million, a PE ratio of -4.50 and a beta of 0.25. The company has a current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65. The company’s 50 day moving average price is C$0.06 and its 200-day moving average price is C$0.07.

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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