Omineca Mining and Metals (CVE:OMM) Stock Price Up 18.2% – Here’s Why

Omineca Mining and Metals Ltd. (CVE:OMM)’s share price was up 18.2% during mid-day trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 735,718 shares were traded during trading, an increase of 241% from the average daily volume of 215,838 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Trading Up 36.4%

The company has a quick ratio of 0.41, a current ratio of 0.96 and a debt-to-equity ratio of 183.65. The firm has a market capitalization of C$19.66 million, a P/E ratio of -7.50 and a beta of -2.33. The firm’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.05.

About Omineca Mining and Metals

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.