Omineca Mining and Metals (CVE:OMM) Trading 72.7% Higher – What’s Next?

by · The Cerbat Gem

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s stock price shot up 72.7% during mid-day trading on Friday . The company traded as high as C$0.10 and last traded at C$0.10. 2,844,418 shares changed hands during mid-day trading, an increase of 1,150% from the average session volume of 227,521 shares. The stock had previously closed at C$0.06.

Omineca Mining and Metals Stock Up 72.7%

The firm has a market capitalization of C$24.90 million, a price-to-earnings ratio of -9.50 and a beta of -2.33. The firm has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.05. The company has a current ratio of 0.96, a quick ratio of 0.41 and a debt-to-equity ratio of 183.65.

About Omineca Mining and Metals

(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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