Shares of Omineca Mining and Metals Ltd. (CVE:OMM – Get Free Report) dropped 18.2% during mid-day trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.05. Approximately 1,012,300 shares changed hands during mid-day trading, an increase of 275% from the average daily volume of 269,833 shares. The stock had previously closed at C$0.06.
Omineca Mining and Metals Price Performance
The company has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.06. The stock has a market capitalization of C$8.10 million, a price-to-earnings ratio of -4.50 and a beta of 0.25. The company has a debt-to-equity ratio of 183.65, a quick ratio of 0.41 and a current ratio of 0.96.
About Omineca Mining and Metals
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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