Geomega Resources Inc. (CVE:GMA – Get Free Report) was up 45.5% on Thursday . The company traded as high as C$0.17 and last traded at C$0.16. Approximately 1,006,071 shares were traded during mid-day trading, an increase of 1,197% from the average daily volume of 77,591 shares. The stock had previously closed at C$0.11.
Geomega Resources Trading Up 45.5 %
The company has a market capitalization of C$22.94 million, a price-to-earnings ratio of -16.00 and a beta of 1.88. The company has a debt-to-equity ratio of 62.12, a current ratio of 2.17 and a quick ratio of 6.08. The business’s 50-day moving average price is C$0.09 and its two-hundred day moving average price is C$0.09.
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.
Featured Stories
- Five stocks we like better than Geomega Resources
- How to Use Stock Screeners to Find Stocks
- Viking Therapeutics Stock Pops But Struggles to Hold Gains
- What is the Euro STOXX 50 Index?
- Qualcomm Stock Just Earned a Fresh Buy Rating—Get Excited
- Airline Stocks – Top Airline Stocks to Buy Now
- Meta Stock Holds Upside Potential as Analysts Cut Price Targets
Receive News & Ratings for Geomega Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geomega Resources and related companies with MarketBeat.com's FREE daily email newsletter.
