Omineca Mining and Metals (CVE:OMM) Shares Up 11.1% – Here’s What Happened

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s share price was up 11.1% during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. 401,600 shares changed hands during trading, an increase of 34% from the average session volume of 299,076 shares. The stock had previously closed at C$0.04.

Omineca Mining and Metals Stock Up 11.1%

The firm has a market cap of C$13.39 million, a price-to-earnings ratio of -5.00 and a beta of -0.88. The firm has a 50 day moving average of C$0.06 and a 200 day moving average of C$0.08. The company has a quick ratio of 0.41, a current ratio of 0.96 and a debt-to-equity ratio of 183.65.

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. The company was incorporated in 2011 and is based in Saskatoon, Canada.

Read More

Receive News & Ratings for Omineca Mining and Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omineca Mining and Metals and related companies with MarketBeat.com's FREE daily email newsletter.