Geomega Resources Inc. (CVE:GMA – Get Free Report) shares traded down 5.3% on Friday . The stock traded as low as C$0.09 and last traded at C$0.09. 49,513 shares were traded during trading, a decline of 32% from the average session volume of 73,147 shares. The stock had previously closed at C$0.10.
Geomega Resources Stock Performance
The stock has a market cap of C$11.47 million, a PE ratio of -8.00 and a beta of 1.88. The stock has a fifty day moving average of C$0.09 and a 200-day moving average of C$0.10. The company has a quick ratio of 6.08, a current ratio of 2.17 and a debt-to-equity ratio of 62.12.
About Geomega Resources
Geomega Resources Inc engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company primarily explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property comprising 106 mining claims covering an area of approximately 5,889 hectares located 100 km north of Lebel-surQuévillon and 45 km west of the Cree First Nation of Waswanipi.
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