Opawica Explorations (CVE:OPW) Stock Price Down 9.1% – Should You Sell?

Opawica Explorations Inc. (CVE:OPWGet Free Report) shares dropped 9.1% during mid-day trading on Friday . The company traded as low as C$0.15 and last traded at C$0.15. 360,625 shares were traded during mid-day trading, an increase of 417% from the average daily volume of 69,761 shares. The stock had previously closed at C$0.17.

Opawica Explorations Price Performance

The company has a current ratio of 0.59, a quick ratio of 2.11 and a debt-to-equity ratio of 1.22. The company has a market capitalization of C$5.92 million, a P/E ratio of -15.00 and a beta of -0.76. The company has a 50 day moving average price of C$0.12 and a 200 day moving average price of 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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