Omineca Mining and Metals (CVE:OMM) Shares Down 14.3% – Time to Sell?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report)’s stock price traded down 14.3% during trading on Saturday . The stock traded as low as C$0.06 and last traded at C$0.06. 352,500 shares changed hands during trading, an increase of 44% from the average session volume of 244,758 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Price Performance

The firm has a market capitalization of C$10.80 million, a PE ratio of -6.00 and a beta of 0.25. 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 fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.07.

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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