Opawica Explorations (CVE:OPW) Trading Down 8.6% – Here’s Why

Opawica Explorations Inc. (CVE:OPWGet Free Report) shares dropped 8.6% during mid-day trading on Friday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 5,867 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 58,503 shares. The stock had previously closed at C$0.18.

Opawica Explorations Trading Down 8.6 %

The firm has a fifty day moving average price of C$0.20 and a 200 day moving average price of C$0.19. The firm has a market cap of C$6.04 million, a PE ratio of -1.79 and a beta of 1.45.

Opawica Explorations Company Profile

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Opawica Explorations Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold and base metal deposits. The company holds 100% interests in the Arrowhead and Bazooka East claims located in northern Quebec, Canada; and the Bazooka west property, which comprises 24 mineral claims located in Beauchastel Township, Quebec.

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