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

by · The Markets Daily

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s share price was up 72.7% during mid-day trading on Saturday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 2,844,418 shares were traded during mid-day 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 Stock Up 72.7%

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

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.

See Also