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

Shares of Omineca Mining and Metals Ltd. (CVE:OMMGet Free Report) traded down 15.4% during mid-day trading on Friday . The company traded as low as C$0.05 and last traded at C$0.06. 1,142,238 shares traded hands during trading, an increase of 254% from the average session volume of 322,791 shares. The stock had previously closed at C$0.07.

Omineca Mining and Metals Stock Performance

The company has a market cap of C$9.90 million, a P/E ratio of -5.50 and a beta of 0.25. The company has a quick ratio of 0.41, a current ratio of 0.96 and a debt-to-equity ratio of 183.65. The company has a 50 day moving average price of C$0.06 and a 200-day moving average price of C$0.07.

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.

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