Opawica Explorations (CVE:OPW) Stock Price Up 33.3% – Should You Buy?

Shares of Opawica Explorations Inc. (CVE:OPW) shot up 33.3% during trading on Tuesday . The company traded as high as C$0.11 and last traded at C$0.10. 348,183 shares were traded during mid-day trading, an increase of 166% from the average session volume of 131,115 shares. The stock had previously closed at C$0.08.

Opawica Explorations Trading Up 33.3%

The company has a market cap of C$3.93 million, a price-to-earnings ratio of -1.67 and a beta of -0.61. The company has a fifty day moving average price of C$0.08 and a two-hundred day moving average price of C$0.08.

Opawica Explorations Company Profile

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.