Omineca Mining and Metals (CVE:OMM) Trading Up 72.7% – Here’s What Happened

by · The Cerbat Gem

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

Omineca Mining and Metals Trading Up 72.7%

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 business’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. The stock has a market cap of C$24.90 million, a price-to-earnings ratio of -9.50 and a beta of -2.33.

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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