Omineca Mining and Metals (CVE:OMM) Trading Up 72.7% – Still a Buy?

by · The Markets Daily

Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report)’s stock price traded up 72.7% during trading on Friday . The stock traded as high as C$0.10 and last traded at C$0.10. 2,844,418 shares changed hands during 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 Trading Up 72.7%

The stock’s fifty day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.05. The firm has a market cap of C$24.90 million, a PE ratio of -9.50 and a beta of -2.33. The company has a quick ratio of 0.41, a current ratio of 0.96 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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