Omineca Mining and Metals (CVE:OMM) Trading Down 15.8% – Here’s What Happened

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price fell 15.8% during trading on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. 423,319 shares traded hands during mid-day trading, an increase of 82% from the average session volume of 232,995 shares. The stock had previously closed at C$0.10.

Omineca Mining and Metals Trading Down 5.9%

The firm has a market cap of C$20.94 million, a price-to-earnings ratio of -8.00 and a beta of -2.33. The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96. The company has a 50 day moving average price of C$0.06 and a 200 day moving average price of C$0.05.

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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