Omineca Mining and Metals (CVE:OMM) Stock Price Down 14.3% – What’s Next?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price fell 14.3% during mid-day trading on Saturday . The stock traded as low as C$0.06 and last traded at C$0.06. 352,500 shares changed hands during mid-day trading, an increase of 44% from the average session volume of 244,758 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Stock Performance

The company has a debt-to-equity ratio of 183.65, a current ratio of 0.96 and a quick ratio of 0.41. The stock has a 50-day moving average price of C$0.06 and a 200-day moving average price of C$0.07. The company has a market capitalization of C$10.80 million, a price-to-earnings ratio of -6.00 and a beta of 0.25.

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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