Omineca Mining and Metals (CVE:OMM) Shares Down 15.4% – Should You Sell?

Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) fell 15.4% during trading on Saturday . The stock traded as low as C$0.05 and last traded at C$0.06. 1,143,437 shares traded hands during trading, an increase of 162% from the average session volume of 436,820 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Price Performance

The firm has a market capitalization of C$9.90 million, a price-to-earnings ratio of -5.50 and a beta of 0.25. The business has a fifty day moving average of C$0.06 and a two-hundred day moving average of C$0.07. The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96.

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.

Read More

Receive News & Ratings for Omineca Mining and Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omineca Mining and Metals and related companies with MarketBeat.com's FREE daily email newsletter.